Newbury Street Acquisition Corp (NASDAQ: NBST) fell to close at $9.69 Friday after losing $0.01 (0.10%) on volume of 263 shares. The stock ranged from a high of $9.70 to a low of $9.69 while Newbury Street’s market cap now stands at $161,452,842.
About Newbury Street Acquisition Corp
Newbury Street Acquisition Corporation is a special purpose acquisition company (“SPAC”) whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition or business combination target in any business or industry, it intends to focus its search on a technology business in the consumer internet or media space, including sports and entertainment verticals, with enterprise values of approximately $500 million to $2.5 billion. NBST is sponsored by Newbury Street Acquisition Sponsor LLC.