MASHINIi

NewHold Investment Corp III.

NHIC.US | Activities of holding companies

NewHold Investment Corp. III is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an initial business combination targ...Show More

Ethical Profile

Mixed.

NewHold Investment Corp III (NHIC) operates as a Special Purpose Acquisition Company (SPAC). NHIC restated its financial statements for periods ending December 2020 and September 2020, and its August 2020 balance sheet, due to accounting for warrants as liabilities instead of equity. Notes suggest NHIC III merged with Evolv Technologies, which allegedly faced an FTC settlement for deceptive claims, raising concerns about ethical practices in the "Safe & Smart Tech" sector. As a SPAC, its direct impact on most other ethical areas remains unassessed until further operations unfold.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-50
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

NewHold Investment Corp. III (NHIC.US) is a Special Purpose Acquisition Corporation (SPAC) focused on industrial technology and business services.

1
The provided articles consistently state that there is no data available regarding the company's health impact, harmful revenue, safety record, price accessibility, vulnerable reach, risk transparency, health innovation investment, health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, pharma patent flexibility, nutrition and food safety, healthcare education, addiction mitigation, or clinical trial ethics.
2
Therefore, no KPIs can be scored based on the evidence provided.

Fair Money & Economic Opportunity

0

No evidence available to assess NewHold Investment Corp III on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess NewHold Investment Corp III on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

Sustainability data for NewHold Investment Corp III (NHIC.US) is unavailable as of July 10, 2024.

1
The provided articles explicitly state that no quantitative data, regulatory actions, certifications, awards, comparisons, or contradictions are available for analysis regarding fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk, or supplier diversity spend.
2
The press release announcing the SPAC's formation also does not contain any relevant metrics.
3

Honest & Fair Business

0

No specific, concrete data points were found across the provided articles to assess NHIC.US against the 'Honest & Fair Business' ethical value. The articles primarily consist of financial statements and regulatory filings that do not contain quantitative or qualitative evidence for the defined KPIs, such as regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict percentages, anti-corruption policies, or third-party verification of ethical claims. While one article mentioned a 'code of ethics',

1
no details on its strength or enforcement relevant to scoring were provided. A financial restatement was mentioned for 'NewHold Investment Corp.',
2
but this entity's incorporation date (August 13, 2024)
3
post-dates the restatement event (2021),
4
making it inapplicable to NHIC.US (NewHold Investment Corp. III).

Kind to Animals

0

No specific, concrete data points for NHIC.US regarding animal welfare, cruelty-free practices, or animal testing were found in the provided articles. The company is a blank check company, and the articles either discuss other companies, general technological advancements in animal welfare, or explicitly state that no relevant data for NHIC.US is present.

1

No War, No Weapons

0

NHIC.US (NewHold Investment Corp III) is a blank check company that completed its IPO in February 2025

1
and intends to focus on 'smart technologies' sectors.
2
As a blank check company, it currently has no operational business, revenue, R&D, or supply chain. The provided articles describe its formation and its intention to pursue business combinations. Information regarding Evolv Technology pertains to a different entity, NewHold Investment Corp. (the first SPAC, ticker NHIC), which completed its combination with Evolv Technology in 2021.
3
Therefore, no evidence is available to score any KPIs for NHIC.US under the 'No War, No Weapons' value.

Planet-Friendly Business

0

NewHold Investment Corp. III (NHIC.US) is a Special Purpose Acquisition Corporation (SPAC) or 'blank check company' formed solely for the purpose of effecting a business combination.

1
As such, it does not currently have its own operational environmental footprint, facilities, products, or supply chain. The provided articles confirm its status as a SPAC and explicitly state that no environmental or sustainability data is available.
2
Therefore, all 'Planet-Friendly Business' KPIs are not applicable to the company in its current non-operational state.

Respect for Cultures & Communities

0

NHIC.US is a blank check company (SPAC) and has not yet completed a business combination.

1
Its current business model does not involve operational activities that would typically generate data for most 'Respect for Cultures & Communities' KPIs.
2
Consequently, the company has no formal partnerships with indigenous or local community groups, no reported cultural appropriation incidents, and no specific cultural impact assessment protocols.
3
Its operations do not require FPIC processes, community governance inclusion, or engagement with indigenous suppliers.
4
There are no cultural site disruptions, social license requirements, community fund distributions, or cultural incidents to respond to, as these are not applicable to its current status.
5

Safe & Smart Tech

-50

The Federal Trade Commission (FTC) filed a complaint against Evolv Technology for violating Section 5 of the FTC Act, alleging the company made false or unsupported claims about its AI-enabled security screening system's capabilities, including misrepresenting its ability to detect weapons and ignore harmless items.

1
A settlement was reached, which did not involve an admission of wrongdoing or monetary penalties.
2
The company's AI systems have shown false alarm rates of up to 60% in some schools, and a pilot program in NYC subway stations recorded 118 false positives with no firearms detected, indicating issues with algorithmic efficacy and potential harm.
3

Zero Waste & Sustainable Products

0

No data relevant to Zero Waste & Sustainable Products, including waste diversion rates, product recyclability, packaging sustainability, or waste reduction initiatives, was found in the provided articles for NHIC.US.

1
The company is a Special Purpose Acquisition Company (SPAC), and the available documents are primarily IPO registrations and company summaries, which do not contain information on environmental, social, or governance (ESG) initiatives or sustainability metrics.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.