InvestmentApr 16, 2026, 12:27 PM
NewHold Investment Corp IV Closes $201.25M IPO
AI Summary
NewHold Investment Corp IV, a newly organized SPAC, announced the closing of its initial public offering, raising capital through the sale of 20,125,000 units at $10.00 per unit. This total includes the full exercise of the underwriters' over-allotment option for an additional 2,625,000 units. Each unit comprises one Class A ordinary share and one-third of one redeemable warrant, with units now trading on Nasdaq under "NHIVU". The company intends to use the net proceeds to fund its initial business combination.
Key Highlights
- Closed IPO of 20,125,000 units at $10.00 per unit.
- Underwriters exercised full over-allotment option for 2,625,000 additional units.
- Units listed on Nasdaq under ticker symbol "NHIVU".
- Each unit includes one Class A ordinary share and one-third of one redeemable warrant.