8-K
filed November 26, 2025, 6:59 PM ET
CIK 0001831978
other material
confidence high
sentiment negative
materiality 0.65
Marcum LLP resigns as auditor for Newbury Street Acquisition Corporation
Newbury Street Acquisition Corp
- Marcum resigned as independent registered public accounting firm effective November 21, 2025.
- No disagreements on accounting or auditing scope occurred during the two most recent fiscal years.
- Material weaknesses in internal control over financial reporting were previously disclosed in 2022 and 2023 10-Ks and March 2024 10-Q.
- Marcum's prior audit reports contained an explanatory paragraph regarding going concern.
- Marcum's letter to the SEC, dated November 26, 2025, is filed as Exhibit 16.1.
Machine-readable event card
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- Newbury Street Acquisition Corp
- filed_at
- 2025-11-26T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:40.691034+00:00
- generated_at
- 2026-05-16T16:34:45.986764+00:00
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- negative
- materiality_score
- 0.65
- calibrated_materiality_score
- 0.65
- confidence
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- https://www.sec.gov/Archives/edgar/data/1831978/000121390025115608/0001213900-25-115608-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1831978/000121390025115608/ea0267541-8k_newbury.htm
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On November 21, 2025, the Audit Committee of the Board of Directors of Newbury Street Acquisition Corporation (the “Company”) received a letter from Marcum LLP (“Marcum”) notifying the Company of Marcum’s resignation as the independent registered public accounting firm for the Company, effective as of the same date.
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On November 21, 2025, the Audit Committee of the Board of Directors of Newbury Street Acquisition Corporation (the “Company”) received a letter from Marcum LLP (“Marcum”) notifying the Company of Marcum’s resignation as the independent registered public accounting firm for the Company, effective as of the same date.
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