secwatch.observer — SEC 8-K summary
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Issuer:     Newbury Street II Acquisition Corp (NTWO)
CIK:        0002028027
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001213900-24-095065
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newbury Street II Acquisition Corp closes $172.5M IPO, including full over-allotment
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- Priced 17,250,000 units at $10.00/unit for gross proceeds of $172,500,000; underwriter over-allotment exercised in full.
- Total of $173,362,500 ($10.05/unit) deposited into trust account from IPO and private placement proceeds.
- Units trade on Nasdaq as NTWOU; Class A shares (NTWO) and warrants (NTWOW) to trade separately later.
- Sold 648,375 Private Placement Units at $10.00/unit to sponsor (484,500) and BTIG (163,875) in unregistered transaction.
- Board appointed: Matthew Hong (chair), Jennifer Vescio, Josh Gold, Ted Seides; audit and compensation committees formed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028027/000121390024095065/0001213900-24-095065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028027/000121390024095065/ea0219180-8k_newbury2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-095065

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