---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-004909"
form_type: "8-K"
ticker: "NTWO"
cik: "0002028027"
company_name: "Newbury Street II Acquisition Corp"
filed_at: "2026-10-22T12:30:17+00:00"
generated_at: "2026-10-22T12:35:10.182518+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FORT Robotics adds ~$20M led by Tiger Global; SPAC PIPE commitments with Newbury Street II top $50M

## Summary
- Tiger Global leads an approximately $10M financing with participation from Mark Cuban Companies, expected to close this week, and adds another $10M to the previously announced common equity PIPE.
- October 21 PIPE subscription agreement: 1,000,000 Newbury Street II shares at $10.00 for $10.0M, with up to 313,604 sponsor founder shares and up to 86,957 conversion shares to the investor.
- Total committed capital tied to the business combination now exceeds $50 million, up from the initial $31.25M PIPE of 3,125,000 shares at $10.00 per share.
- FORT's Trust Layer is deployed on more than 19,500 units across 600+ customers, including Agility Robotics, DoorDash, Zoox, Textron and Google DeepMind.
- Combined company to be named FORT Robotics Holdings, Inc., expected to list on Nasdaq under ticker "FROB" at closing, subject to regulatory approvals.

## SEC filing metadata
- accession: 0001185185-26-004909
- form_type: 8-K
- ticker: NTWO
- cik: 0002028027
- company_name: Newbury Street II Acquisition Corp
- filed_at: 2026-10-22T12:30:17+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028027/000118518526004909/0001185185-26-004909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028027/000118518526004909/ntwo28k425102126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-004909
- JSON: https://secwatch.observer/filing/0001185185-26-004909.json
- Plain text: https://secwatch.observer/filing/0001185185-26-004909.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.