NewHold Investment Corp IV Announces Pricing of $175 Million Initial Public Offering
Rhea-AI Summary
NewHold Investment Corp IV (NHIV) priced a $175.0 million initial public offering of 17,500,000 units at $10.00 per unit on April 14, 2026, with each unit containing one Class A ordinary share and one-third of a redeemable warrant.
Units begin trading on Nasdaq Global Market as NHIVU on April 15, 2026; Class A shares and warrants are expected to trade as NHIV and NHIVW after separation. The underwriter has a 45-day 15% over-allotment option to purchase up to 2,625,000 additional units. The offering is expected to close April 16, 2026.
Positive
- Initial cash raised: $175.0 million via 17,500,000 units
- Nasdaq listing: units to trade as NHIVU beginning April 15, 2026
- Underwriter over-allotment: 2,625,000-unit 45-day option (15%)
Negative
- Warrant exercise price $11.50 could dilute equity if exercised
- Units include one-third warrant each, creating potential future dilution upon separation
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, New York, April 14, 2026 (GLOBE NEWSWIRE) -- NewHold Investment Corp IV (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the pricing of its initial public offering of 17,500,000 units at an offering price of
BTIG, LLC is acting as sole book-running manager for the offering.
The Company has granted the underwriter a 45-day option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on April 16, 2026, subject to customary closing conditions.
A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on April 14, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: BTIG, LLC, 65 East 55th Street New York, New York 10022, or by email at ProspectusDelivery@btig.com, or by accessing the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About NewHold Investment Corp IV
NewHold Investment Corp IV is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination in any business, industry, sector or geographical location, the Company will primarily focus on growing industrial and business services companies. The Company is led by an experienced management team with Kevin Charlton as Chief Executive Officer, Samy Hammad as President and Chief Operating Officer and Polly Schneck as Chief Financial Officer.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering (“IPO”) and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of NewHold Investment Corp IV, including those set forth in the Risk Factors section of NewHold Investment Corp IV’s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, www.sec.gov. NewHold Investment Corp IV undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contacts:
Polly Schneck
Chief Financial Officer
pschneck@newholdllc.com
Investor & Media Contact:
Amanda Tarplin
amanda@tarplinconsulting.com