SPAC NewHold Investment IV files for a $175 million IPO, targeting industrial technology
April 14, 2026 News
SPAC NewHold Investment IV prices $175 million IPO, targeting industrial technology
NewHold Investment IV, a blank check company formed by NewHold Enterprises targeting industrial technology, raised $175 million by offering 17.5 million units at $10. Each unit contains one share of common stock and one-third of one warrant exercisable at $11.50.
IPO Overview
NewHold Investment IV, a blank check company formed by NewHold Enterprises targeting industrial technology, filed on Wednesday with the SEC to raise up to $175 million in an initial public offering.
The New York, NY-based company plans to raise $175 million by offering 17.5 million units at a price of $10. Each unit contains one share of common stock and one-third of one warrant exercisable at $11.50.
NewHold Investment IV is led by CEO Kevin Charlton, who is the co-chairman of NewHold Enterprises. He is joined by CFO Polly Schneck, who is the CFO of NewHold Enterprises. Management’s previous SPACs include NewHold Investment III （Nasdaq: NHICU; +8% from $10 offer price） in 2024, NewHold Investment II, which was liquidated in 2023, and NewHold Investment, which went public in 2021 and completed its combination with industrial technology firm Evolv Technologies Holdings （Nasdaq: EVLV; -45%）。
The SPAC intends to target a business related to industrial technology, ideally with an aggregate enterprise value of $700 million or greater. More specifically, they are focusing on businesses in transportation, distribution, manufacturing, and robotic industries.
The New York, NY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol NHIVU. BTIG is the sole bookrunner on the deal.
About the Company
NewHold Investment Corp IV is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Our management team had been actively in discussions with potential business combination partners in their capacity as officers of NewHold Investment Corp. I, NewHold Investment Corp. II and NewHold Investment Corp III, and we may pursue business combination partners that had previously been in discussions with NewHold Investment Corp. I, NewHold Investment Corp. II or NewHold Investment Corp III’s management teams. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on identifying and acquiring a business focusing on industrial technology. We will seek to acquire one or more businesses with an aggregate enterprise value of $700 million or greater, although, if we believe it is in the best interests of our shareholders, we may pursue a business combination with a target below that size.