Newbury Street Acquisition, a blank check company targeting a tech business in the consumer internet or media space, raised $120 million by offering 12 million units at $10. The company originally filed in late January to raise $150 million in its IPO. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by...read more
Newbury Street Acquisition, a blank check company targeting a tech business in the consumer internet or media space, filed on Monday with the SEC to raise up to $150 million in an initial public offering. The Boston, MA-based company plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half of a warrant,...read more
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Newbury Street Acquisition prices downsized $120 million IPO; SPAC targets internet and media
Newbury Street Acquisition, a blank check company targeting a tech business in the consumer internet or media space, raised $120 million by offering 12 million units at $10. The company originally filed in late January to raise $150 million in its IPO. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by...read more
Tech SPAC Newbury Street Acquisition files for a $150 million IPO
Newbury Street Acquisition, a blank check company targeting a tech business in the consumer internet or media space, filed on Monday with the SEC to raise up to $150 million in an initial public offering. The Boston, MA-based company plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half of a warrant,...read more