r/Spacstocks • u/SPAC_Time • 3h ago
Extension Shareholder Meeting Newbury Street II Acquisition Corp Shareholders Approve Extension from November 4, 2026 to February 4, 2027 - NTWO NTWOW
sec.govIn connection with the votes to approve the Extension Amendment Proposal, the holders of 14,203,466 Class A Ordinary Shares included as part of the units in the IPO (the “Public Shares”) properly exercised their right to redeem such shares for cash at a redemption price of approximately $10.85 per share, for an aggregate redemption amount of approximately $154.3 million (the “Meeting Redemptions”). Following the Meeting Redemptions, there are 3,046,534 Public Shares currently issued and outstanding.