NewHold Investment Corp. II (NHICU) Prices $175M IPO
by Marlena Haddad on 2021-10-20 at 7:34pm

NewHold Investment Corp. II announced the pricing of its $175 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “NHICU” Thursday, October 21.

The new SPAC intends to partner with industrial technology businesses, with particular emphasis on those that align with several key themes commonly referred to as “Industry 4.0,” such as advanced robotics, IoT, SaaS models with machine learning, production rate additive manufacturing, and new energy technologies. NewHold Investment Corp. II is led by  CEO Kevin Charlton, CFO Samy Hammad,Chairman of the Board of Directors Thomas J. Sullivan, Vice Chairman of the Board of Directors Charles Goldman, and COO Charles Baynes-Reid.

Total SPAC deal count for 2021 year-to-date is now 482. This offering is expected to close on Monday, October 25.


Stifel is serving as the sole book-running manager for the offering with Cabrera Capital Markets LLC, Maxim Group LLC, Siebert Williams Shank, and AmeriVet Securities as co-managers. Loeb & Loeb LLP is serving as Issuer’s Counsel with Sidley Austin LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

NewHold Investment Corp. II (NHICU) Prices $175M IPO
Recent Posts
by Nicholas Alan Clayton on 2025-07-08 at 8:11pm

Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...

by Nicholas Alan Clayton on 2025-07-08 at 12:36pm

M3-Brigade V (NASDAQ:MBAV) has entered into a definitive agreement to combine with crypto treasury firm ReserveOne, assembling about $1 billion in equity funding. ReserveOne is setting up a diversified Bitcoin and digital asset treasury with a portion of its investments going towards blockchain infrastructure and venture raises. The combined company is expected to trade on...

by Nicholas Alan Clayton on 2025-07-08 at 8:18am

At the SPAC of Dawn As the SPAC market has warmed in 2025, only 21 of the 70 SPACs (30%) that have IPO’d thus far have overfunded their trusts to draw in investors and none of these funded to more than 101%. By contrast, 87% of 2023 SPACs were overfunded – some to as high...

by Nicholas Alan Clayton on 2025-07-07 at 9:05am

Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...

by Nicholas Alan Clayton on 2025-07-07 at 8:50am

Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved