NTWO · Newbury Street II Acquisition Corp · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“Management has determined that the liquidity condition and mandatory liquidation, should a Business Combination not occur, raise substantial doubt about the Company's ability to continue as a going concern for a period of time within one year after the date that the accompanying unaudited condensed financial statements are issued.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-11-04 | Newbury Street II Acquisition Sponsor LLC |
10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Shares (Direct)
Consists of 484,500 private placement units purchased by Newbury Street II Acquisition Sponsor LLC (the "Sponsor") for $10.00 per unit in a private placement transaction with the registrant. Each such unit consists of one Class A ordinary share and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. The Sponsor is the record holder of the securities reported herein. Thomas Bushey is the managing member of the Sponsor. By virtue of this relationship, he may be deemed to have beneficial ownership of the securities held of record by Sponsor. He disclaims any such beneficial ownership except to the extent of his pecuniary interest therein. |
Class A Ordinary Shares
|
484,500 |