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Newbury Street Acquisition Corporation Units (NBSTU) is a blank check company specializing in identifying and acquiring a target business. As a special purpose acquisition company (SPAC), NBSTU focuses on industries such as technology, healthcare, and consumer goods. With a team of seasoned professionals, NBSTU aims to provide value for its shareholders through strategic acquisitions and partnerships.
Currently, NBSTU is actively seeking potential merger opportunities to capitalize on emerging market trends and growth prospects. The company's financial position is stable, enabling it to pursue lucrative deals and expand its portfolio. NBSTU's commitment to transparency and shareholder value sets it apart in the SPAC landscape.
Infinite Reality has announced the introduction of new AI-driven features designed to enhance online shopping and virtual event experiences. These capabilities allow users to interact with a personalized avatar salesperson trained on their preferences and brand offerings. Collaborating with major brands like Warner Bros. Discovery Sports, the platform aims to redefine audience engagement in Web3 environments. Key products include INFINITE SKYBOX, INFINITE SHOWROOM, and INFINITE MAINSTREET, all fostering immersive interactions. The company plans to showcase these innovations at South by Southwest (SXSW) from
Newbury Street Acquisition Corporation (NASDAQ: NBSTU) announced that starting April 16, 2021, unit holders from its initial public offering can trade shares of common stock and warrants separately. Separated shares will trade under symbols 'NBST' for common stock and 'NBSTW' for warrants, while unsplit units will continue under 'NBSTU'. The units were initially offered in an underwritten offering managed by EarlyBirdCapital. This press release does not constitute an offer for the sale of securities.
Newbury Street Acquisition Corporation announced the closing of its IPO, raising $120 million by offering 12 million units at $10.00 each. Units began trading on the Nasdaq under the ticker NBSTU on March 23, 2021. Each unit comprises one share of common stock and half a redeemable warrant. Funds raised will support the Company's goal of pursuing a business combination, particularly with technology firms in consumer internet and media sectors valued between $500 million to $2.5 billion.
Newbury Street Acquisition Corporation (NBST) has priced its initial public offering (IPO) of 12 million units at $10.00 each. The units will trade on Nasdaq starting March 23, 2021. Each unit consists of one share of common stock and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share. The SPAC aims to focus on acquiring technology businesses in the consumer internet or media sectors, targeting enterprise values between $500 million and $2.5 billion. The offering is set to close on March 25, 2021.
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