Newbury Street Acquisition Corporation (NBST)
$
11.1
Key metrics
Financial statements
Free cash flow per share
-0.0945
Market cap
54.9 Million
Price to sales ratio
19.6010
Debt to equity
0.2851
Current ratio
0.0615
Income quality
1.3353
Average inventory
-2.2 Thousand
ROE
-0.0311
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Newbury Street Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Boston, Massachusetts.
News
globenewswire.com
Transactions Fuel Growth and Innovation Initiatives and Help Cement Company's Position as a Leader in Immersive Platform Technology and Enterprise Services Transactions Fuel Growth and Innovation Initiatives and Help Cement Company's Position as a Leader in Immersive Platform Technology and Enterprise Services
globenewswire.com
NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“Infinite Reality” or “iR”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced that, on June 10, 2024, its partner for its previously announced business combination (the “Business Combination”), Newbury Street Acquisition Corporation (Nasdaq: NBST) (“Newbury” or the “Company”), received notice from the Nasdaq Office of General Counsel that the Nasdaq Hearings Panel (the “Panel”) had granted the Company's request to continue its listing on Nasdaq through September 23, 2024 (the “Extended Date”).
globenewswire.com
Boston, MA, May 03, 2024 (GLOBE NEWSWIRE) -- Newbury Street Acquisition Corporation (NASDAQ: NBST, the "Company") announced today that it received a letter dated April 24, 2024, from the Listing Qualifications Department The Nasdaq Stock Market LLC, indicating that the Company was not in compliance with Nasdaq listing rule 5250(c)(1), which requires the timely filing of all required periodic financial reports with the Securities and Exchange Commission. The required filing in question is the Company's Annual Report on Form 10-K for the year ended December 31, 2023 (the "Form 10-K").
globenewswire.com
NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“iR” or the “Company”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced that its previously announced business combination partner, Newbury Street Acquisition Corporation (Nasdaq: NBST) (“Newbury”), has engaged BTIG, LLC (“BTIG”) as its capital markets advisor.
globenewswire.com
Acquisition of the Drone Racing League, the global, premier, professional sports property that merges the digital with the real, will accelerate Infinite Reality's valuation to $3.5 billion Acquisition of the Drone Racing League, the global, premier, professional sports property that merges the digital with the real, will accelerate Infinite Reality's valuation to $3.5 billion
globenewswire.com
Virtual Experiences Leader Acquires Ethereal Engine in Share-For-Share Transaction Valuing Infinite Reality at $2.5 Billion and Ethereal Engine at $75 million
See all news
