secwatch.observer — SEC 8-K summary
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Issuer:     Newbury Street Acquisition Corp (—)
CIK:        0001831978
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001213900-24-028012
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newbury Street Acquisition receives Nasdaq delisting notice for missing business combination deadline
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- Nasdaq notified NBST on March 26, 2024 of non-compliance with Listing Rule IM-5101-2 requiring SPAC completion within 36 months.
- Registration statement effective March 22, 2021; business combination required by March 22, 2024 but not completed.
- Company intends to request a hearing before a Nasdaq Hearings Panel to stay any suspension or delisting.
- Failure to comply will result in Staff Delisting Determination under Rule 5810 if hearing not requested or unsuccessful.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831978/000121390024028012/0001213900-24-028012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831978/000121390024028012/ea0202884-8k_newbury.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-028012

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