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Correspondence 0001213900-22-075021 from NewHold Investment Corp. II (CIK 0001852931)

NewHold Investment Corp. II (CIK 0001852931)
Date: Nov. 23, 2022 · CIK: 0001852931 · Accession: 0001213900-22-075021

AI Filing Summary & Sentiment

File numbers found in text: 001-40944

Date
November 23, 2022
Author
/s/ Loeb & Loeb LLP
Form
CORRESP
Company
NewHold Investment Corp. II (CIK 0001852931)

Letter

345 Park Avenue

New York, NY

10154-1895

Direct

Main

Fax 212.407.4000

212.407.4000

212.407.4990

Via Edgar

November 23, 2022

Division of Corporation Finance

U.S. Securities & Exchange Commission

100 F Street, NE

Washington, D.C. 20549

Attention: Joseph Ambrogi

Jeffrey Gabor

Re: NewHold Investment Corp. II

Preliminary Proxy Statement on Schedule 14A

Filed November 18, 2022

File No. 001-40944

Ladies and Gentleman:

On behalf of NewHold Investment Corp. II (the “Company”), we are hereby responding to the letter, dated November 22, 2022 (the “Comment Letter”), from the staff (the “Staff”) of the U.S. Securities and Exchange Commission, regarding the Company’s Preliminary Proxy Statement on Schedule 14A, File No. 001-40944 (the “Proxy Statement”). Concurrently with the submission of this letter, the Company is submitting its amendment to the Proxy Statement (“Amended Proxy Statement”) via EDGAR to the Commission for review in accordance with the procedures of the Commission.

The Company has responded to the Staff’s comment by revising the Proxy Statement to address the comment. The Staff’s comment is repeated below in bold and followed by the Company’s response. We have included the page reference to the Amended Proxy Statement where the language addressing the Staff’s comment appears. Terms used but not otherwise defined herein have the meanings set forth in the Amended Proxy Statement.

Preliminary Proxy Statement on Schedule 14A, filed November 18, 2022

General

1. With a view toward disclosure, please tell us whether your sponsor is, is controlled by, or has substantial ties with a non-U.S. person. If so, also include risk factor disclosure that addresses how this fact could impact your ability to complete your initial business combination. For instance, discuss the risk to investors that you may not be able to complete an initial business combination with a U.S. target company should the transaction be subject to review by a U.S. government entity, such as the Committee on Foreign Investment in the United States (CFIUS), or ultimately prohibited. Disclose that as a result, the pool of potential targets with which you could complete an initial business combination may be limited. Further, disclose that the time necessary for government review of the transaction or a decision to prohibit the transaction could prevent you from completing an initial business combination and require you to liquidate. Disclose the consequences of liquidation to investors, such as the losses of the investment opportunity in a target company, any price appreciation in the combined company, and the warrants, which would expire worthless.

Response: In response to the Staff’s comment, the Company has revised the disclosure on page 6 of the Amended Proxy Statement.

Please do not hesitate to contact Giovanni Caruso, Esq. at (212) 407-4866 of Loeb & Loeb LLP with any questions or comments regarding this letter.

Sincerely,
/s/ Loeb & Loeb LLP

Show Raw Text
CORRESP
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filename1.htm

    345 Park Avenue

    New York, NY

 10154-1895

    Direct

Main

Fax
    212.407.4000

212.407.4000

212.407.4990

Via Edgar

November 23, 2022

Division of Corporation Finance

U.S. Securities & Exchange Commission

100 F Street, NE

Washington, D.C. 20549

    Attention:
    Joseph Ambrogi

    Jeffrey Gabor

    Re:
    NewHold Investment Corp. II

    Preliminary Proxy Statement on Schedule 14A

    Filed November 18, 2022

    File No. 001-40944

Ladies and Gentleman:

On behalf of NewHold Investment Corp. II (the “Company”),
we are hereby responding to the letter, dated November 22, 2022 (the “Comment Letter”), from the staff (the
“Staff”) of the U.S. Securities and Exchange Commission, regarding the Company’s Preliminary Proxy Statement
on Schedule 14A, File No. 001-40944 (the “Proxy Statement”). Concurrently with the submission of this letter,
the Company is submitting its amendment to the Proxy Statement (“Amended Proxy Statement”) via EDGAR to the
Commission for review in accordance with the procedures of the Commission.

The Company has responded to the Staff’s
comment by revising the Proxy Statement to address the comment. The Staff’s comment is repeated below in bold and followed by the
Company’s response. We have included the page reference to the Amended Proxy Statement where the language addressing the Staff’s
comment appears. Terms used but not otherwise defined herein have the meanings set forth in the Amended Proxy Statement.

Preliminary Proxy Statement on Schedule
14A, filed November 18, 2022

General

 1. With a view toward disclosure, please tell us whether your
sponsor is, is controlled by, or has substantial ties with a non-U.S. person.  If so, also include risk factor disclosure that addresses
how this fact could impact your ability to complete your initial business combination.  For instance, discuss the risk to investors
that you may not be able to complete an initial business combination with a U.S. target company should the transaction be subject to
review by a U.S. government entity, such as the Committee on Foreign Investment in the United States (CFIUS), or ultimately prohibited.
Disclose that as a result, the pool of potential targets with which you could complete an initial business combination may be limited.
Further, disclose that the time necessary for government review of the transaction or a decision to prohibit the transaction could prevent
you from completing an initial business combination and require you to liquidate.
Disclose the consequences of liquidation to investors, such as the losses of the investment opportunity in a target company,
any price appreciation in the combined company, and the warrants, which would expire worthless.

Response:
In response to the Staff’s comment, the Company has revised the disclosure on page 6 of the Amended Proxy Statement.

Please
do not hesitate to contact Giovanni Caruso, Esq. at (212) 407-4866 of Loeb & Loeb LLP with any questions or comments regarding this
letter.

    Sincerely,

    /s/ Loeb & Loeb LLP

    Loeb & Loeb LLP

cc:

Kevin Charlton

NewHold Investment Corp. II