Welcome to our dedicated page for Newbury Street II Acquisition SEC filings (Ticker: NTWO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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Newbury Street II Acquisition Corp is a blank-check company formed to complete a business combination. As of June 30, 2025, the company held $178,247,654 in a Trust Account invested in money market funds backing the Public Units and had total assets of $179,480,894. Cash outside the Trust Account was $1,065,294, with working capital of $1,063,749. The Trust Account was funded with $173,362,500 from the IPO and private placement proceeds.
The company reported net income of $1,685,471 for the three months and $3,370,725 for the six months ended June 30, 2025, driven primarily by interest income on Trust Account investments ($1,839,175 and $3,667,319, respectively) versus operating costs of $164,940 and $320,046. Total liabilities were $6,172,324, including a deferred underwriting fee of $6,037,500. There were 17,250,000 Class A shares subject to possible redemption (redemption value $10.33 per share) and 8,949,188 warrants outstanding. Management has not identified a business combination target and governance changes occurred on May 28, 2025 with the board chair resigning and two new directors appointed.
Healthcare of Ontario Pension Plan Trust Fund (HOOPP) reported beneficial ownership of 200,000 Class A ordinary shares of Newbury Street II Acquisition Corp, representing 1.1% of the issuer based on 17,998,375 Class A shares outstanding as reported by the issuer. The filing shows HOOPP has sole voting power of 200,000 shares and sole dispositive power of 200,000 shares.
The issuer is described as a blank check company formed under Cayman Islands law. HOOPP identifies itself as a pension plan formed as a trust under Ontario law, registered with the Financial Services Regulatory Authority of Ontario, and certifies the shares were acquired and are held in the ordinary course of business and not to influence control of the issuer.