NewHold Investment Corp. (NHICU), announced the pricing of their $150 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Friday, July 31st, under the symbol Nasdaq: NHICU.
NewHold Investment Corp. intends to focus on businesses in the industrial technology sector and will be led by Kevin Charlton, as Chief Executive Officer. Mr. Charlton will be joined by Thomas J. Sullivan, as Chairman of the Board of Directors.
Total SPAC deal count for 2020 year-to-date is now 54 with $21.8 billion in gross proceeds raised. The offering is anticipated to close on Tuesday, August 4, 2020.
Stifel is acting as the sole book-running manager of the offering. I-Bankers Securities, Inc. is acting as co-manager of the offering. Loeb & Loeb LLP and Sidley Austin LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
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