Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.0M |
Gross Profit | 0.0M |
Operating Expense | 0.5M |
Operating I/L | -0.5M |
Other Income/Expense | 0.1M |
Interest Income | 0.1M |
Pretax | -0.5M |
Income Tax Expense | -68.0M |
Net Income/Loss | 67.5M |
NewHold Investment Corp. II is a blank check company formed in 2021 with the purpose of merging with an industrial technology business. As a blank check company, it raises funds through an initial public offering (IPO) and then seeks a private company to merge with, taking it public in the process. Once the merger is completed, the company aims to generate revenue through its industrial technology business, which likely includes manufacturing, engineering, or other related services.