NTWO
Newbury Street II Acquisition Corp10.41
+0.02+0.19%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
251.05MP/E (TTM)
104.10Basic EPS (TTM)
0.10Dividend Yield
0%Recent Filings
10-K
FY2025 results
Newbury Street II Acquisition Corp, a blank check company, reported FY2025 net income of $6.6M driven entirely by $7.3M interest on its Trust Account, which grew to $181.8M at $10.54 per share from IPO proceeds, while operating costs hit $688K with no revenue as it hunts a target. No Q4 breakdown disclosed, but Trust grew sequentially on interest through year-end. Cash outside Trust sits at $773K with $748K working capital; no debt, buybacks, dividends, or capex. Must close a deal by November 2026 or liquidate. No target named. Failure to find a suitable acquisition target within the time frame looms large.
10-Q
Q3 FY2025 results
Newbury Street II swung to a $1.7M net income for Q3 ended September 30, 2025, on $1.9M Trust interest versus $140K operating loss, up sharply from a $26K loss a year earlier (derived). YTD through September, net income hit $5.1M on $5.5M Trust interest against $460K expenses. Trust grew to $180.1M at $10.44/share, cash outside sits at $950K with $960K working capital. No debt beyond $6M deferred underwriting fee. Trust holds the key.
10-Q
Q2 FY2025 results
Newbury Street II Acquisition Corp swung to a $1.7M net income for Q2 ended June 30, 2025, on $1.8M Trust Account interest, topping Q1's $1.7M while operating costs ticked to $165K from $155K (derived). Six-month net income hit $3.4M on $3.7M Trust interest, versus a $16K pre-IPO loss. Trust grew to $178.2M at $10.33/share, cash sits at $1.1M with no debt beyond $6.0M deferred underwriting fee. Board added two directors in May. Trust holds firm. Yet Nasdaq demands a deal by November 2026.
8-K
Board shakeup adds media pros
Newbury Street II Acquisition Corp replaced chairman Matthew Hong, who resigned May 28, 2025, for a full-time role at VERSANT, with media veteran Anthony Vinciquerra as new chairman and Donerail's William Wyatt as director. Both signed lock-up and voting agreements; no disagreements noted. New blood bolsters SPAC expertise.
10-Q
Q1 FY2025 results
Newbury Street II Acquisition Corp swung to a $1.7M net income for Q1 ended March 31, 2025, driven by $1.8M in Trust Account interest while operating costs hit $155K. Trust balance grew to $176.4M at $10.23 per redeemable share, up from $174.6M q/q (derived), with cash at $1.1M. No revenue yet; this blank-check vehicle hunts a merger by November 2026. No debt beyond $6.0M deferred underwriting fee. Trust fully covers redemptions. Solid liquidity holds.
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