secwatch.observer — SEC 8-K summary
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Issuer:     Newbury Street Acquisition Corp (—)
CIK:        0001831978
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001013762-25-001695
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newbury Street Acquisition Corp. shareholders approve extension to Sep 25; 93% of public shares redeemed
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- Extension proposal approved with 3,872,276 votes for, 56,238 against; Charter amendment filed March 24, 2025 extending deadline to Sep 25, 2025.
- Holders of 504,543 shares exercised redemption rights at ~$11.35/share, total ~$5.73M removed from trust account.
- Post-redemption, only 71,265 public shares remain, down from ~576,908 prior, representing ~87.7% reduction.
- Adjournment proposal also approved but not needed; no broker non-votes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831978/000101376225001695/0001013762-25-001695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831978/000101376225001695/ea0235242-8k_newbury.htm
  HTML page:      https://secwatch.observer/filing/0001013762-25-001695

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