secwatch.observer — SEC 8-K summary
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Issuer:     Newbury Street II Acquisition Corp (NTWO)
CIK:        0002028027
Form:       8-K
Filed at:   2026-08-18T12:05:20+00:00
Accession:  0001213900-26-090994
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newbury Street II SPAC signs $500M merger with Fort Robotics
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- Merger consideration $500M in Newbury Street II common stock valued at $10.00/share.
- SPAC to domesticate to Delaware; Merger Sub merges with Fort Robotics, which survives as subsidiary.
- Post-closing board: 5-7 members, 3 designated by Fort Robotics, 2 by SPAC, up to 2 mutual.
- Sponsor forfeits 348,917 founder shares; 453,159 earnout shares vest on $12.50/$15.00 price targets.
- Lock-up: one year or $12.00 VWAP for 20 days after 150 days; outside date May 17, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028027/000121390026090994/0001213900-26-090994-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028027/000121390026090994/ea0301294-8k425_newbury2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-090994

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer