Alpine Global Management, LLC and Alpine Partners (BVI), L.P. filed an amended initial statement of beneficial ownership with the SEC on November 13, 2026, disclosing their status as greater-than-10% owners of Newbury Street II Acquisition Corp following a redemption event on October 28, 2026.

Key Highlights

  • Two reporting persons: Alpine Global Management, LLC and Alpine Partners (BVI), L.P. are each identified as beneficial owners and both share the address 140 Broadway, 38th Floor, New York, NY 10005.
  • Shares reported: 515,565 Class A ordinary shares, par value $0.0001 per share, held indirectly by Alpine Global Management, LLC, with direct ownership by Alpine Partners (BVI), L.P.
  • Triggering event: Both reporting persons "involuntarily became beneficial owners of more than 10% of the outstanding shares as a result of redemptions of holders carried out on October 28, 2026," according to the filing's Remarks section.
  • Amendment purpose: The original filing dated November 9, 2026 did not identify Alpine Partners (BVI), L.P. as a reporting person; this amendment corrects that omission.
  • Issuer: Newbury Street II Acquisition Corp, trading on NASDAQ:NTWO.
  • Relationship to issuer: Both reporting persons are identified as 10% owners and as "Other," with remarks referenced, in addition to being checked as directors.

Alpine Partners and AGM Disclose Beneficial Ownership in Newbury Street II Acquisition Corp

According to the amended filing, Alpine Global Management, LLC ("AGM") serves as investment adviser to Alpine Partners (BVI), L.P. ("APBVI"), and the 515,565 Class A ordinary shares reported in Table I are directly owned by APBVI. AGM reports those shares indirectly by virtue of its advisory role. The filing notes that the holdings reported in Table I are "duplicative of those reported in the original Form 3 filed on November 9, 2026 and are included solely to enable access to the EDGAR filing system."

The filing states that both entities involuntarily crossed the 10% ownership threshold as a result of shareholder redemptions at Newbury Street II Acquisition Corp, a blank-check special purpose acquisition company whose Class A ordinary shares carry a par value of $0.0001 per share. The issuer's redemption activity was separately reported in a Form 8-K filed with the SEC on November 3, 2026, as referenced in the Remarks section of this filing. The amendment was signed by Amy Tarlowe, identified as Chief Operating Officer of Alpine Global Management, LLC and General Partner of Alpine Partners (BVI), L.P., on November 13, 2026.

No derivative securities are reported in Table II of the filing. The date of the event requiring the statement is listed as October 28, 2026, corresponding to the redemption date. The filing was submitted by more than one reporting person, with both AGM and APBVI listed as signatories through the same authorized representative.

What Was Disclosed

This amended initial beneficial ownership statement discloses that Alpine Global Management, LLC and Alpine Partners (BVI), L.P. together hold 515,565 Class A ordinary shares of Newbury Street II Acquisition Corp (NASDAQ:NTWO) indirectly, following an involuntary threshold crossing caused by shareholder redemptions on October 28, 2026.