Newbury Street Acquisition Corporation is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company is led by Thomas Bushey, Chief Executive Officer and Kenneth King, Chief Financial Officer. The Company’s Directors include Jennifer Vesico (Chief Business Officer at Uber) , Matthew Hong (Former COO of Turner Sports), and Teddy Zee (Former EVP of Columbia Pictures). Additionally, the Company’s Advisors include Ted Seides (Capital Allocators) and Katie Soo (Former HBO Max and WB) and Maurice Koo (Rockpool Capital).
Company profile
Ticker
NBST, NBSTU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Newbury Street Acquisition Corporation
SEC CIK
NBST stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
29 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
25 Mar 24
DEF 14A
Definitive proxy
27 Feb 24
425
Business combination disclosure
26 Feb 24
8-K
Entry into a Material Definitive Agreement
26 Feb 24
425
Business combination disclosure
21 Feb 24
8-K
Regulation FD Disclosure
21 Feb 24
PRE 14A
Preliminary proxy
16 Feb 24
425
Business combination disclosure
12 Feb 24
Latest ownership filings
SC 13G
MIZUHO FINANCIAL GROUP INC
13 Feb 24
SC 13G/A
JANE STREET GROUP, LLC
12 Feb 24
SC 13G/A
PERISCOPE CAPITAL INC.
9 Feb 24
SC 13G
Linden Capital L.P.
7 Feb 24
SC 13G/A
Magnetar Financial LLC
26 Jan 24
SC 13G
JANE STREET GROUP, LLC
14 Feb 23
SC 13G
PERISCOPE CAPITAL INC.
13 Feb 23
SC 13G/A
Linden Capital L.P.
3 Feb 23
SC 13G
BARCLAYS PLC
30 Jan 23
SC 13G/A
Magnetar Financial LLC
27 Jan 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 13.32 k | 13.32 k | 13.32 k | 13.32 k | 13.32 k | 13.32 k |
Cash burn (monthly) | 383.33 | 29.69 k | 165.05 k | 145.43 k | 82.14 k | 125.16 k |
Cash used (since last report) | 2.60 k | 201.59 k | 1.12 mm | 987.39 k | 557.68 k | 849.75 k |
Cash remaining | 10.72 k | -188.26 k | -1.11 mm | -974.06 k | -544.36 k | -836.43 k |
Runway (months of cash) | 28.0 | -6.3 | -6.7 | -6.7 | -6.6 | -6.7 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 33 |
Opened positions | 3 |
Closed positions | 12 |
Increased positions | 0 |
Reduced positions | 16 |
13F shares | Current |
---|---|
Total value | 872.84 mm |
Total shares | 7.31 mm |
Total puts | 0.00 |
Total calls | 378.41 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Newbury Street Acquisition Sponsor | 3.57 mm | $0.00 |
Linden Capital | 672.97 k | $0.00 |
Linden Advisors | 553.82 k | $85.84 mm |
Shaolin Capital Management | 329.52 k | $48.00 k |
Periscope Capital | 311.00 k | $45.22 mm |
Jane Street | 204.82 k | $29.78 mm |
EHP Funds | 190.37 k | $27.68 mm |
Castle Creek Arbitrage | 156.78 k | $22.80 mm |
CNH Partners | 150.00 k | $21.80 mm |
Spartan Fund Management | 127.37 k | $18.51 mm |