Newbury Street II Acquisition Corp filed a Form 8-K on November 3, 2026, disclosing that shareholders approved an extension of the company's business combination deadline from November 4, 2026 to February 4, 2027, following an extraordinary general meeting held on October 28, 2026.

Key Highlights

  • Extension approved: Shareholders voted to extend the Combination Period from November 4, 2026 to February 4, 2027, or such earlier date as determined by the Board.
  • Extension vote count: The Extension Amendment Proposal passed with 15,339,451 votes for, 292,327 against, 325 abstentions, and 0 broker non-votes.
  • Auditor ratified: Shareholders approved the selection of WithumSmith+Brown, PC as independent registered public accounting firm for the year ending December 31, 2026, with 15,389,451 votes for.
  • Redemptions: Holders of 14,203,466 Class A Ordinary Shares exercised redemption rights at approximately $10.85 per share, for an aggregate redemption amount of approximately $154.3 million.
  • Remaining public shares: Following redemptions, 3,046,534 Public Shares are currently issued and outstanding, according to the filing.
  • Supermajority threshold met: The Extension Amendment required affirmative votes of at least two-thirds of votes cast by holders of Ordinary Shares voting as a single class under Cayman Islands law.

Newbury Street II Shareholders Approve Deadline Extension and Redeem $154.3 Million in Shares

According to the Form 8-K filed with the SEC on November 3, 2026, Newbury Street II Acquisition Corp (NASDAQ:NTWO) held an extraordinary general meeting of shareholders on October 28, 2026, in lieu of an annual general meeting. The company disclosed that its amended and restated memorandum and articles of association, together with its final prospectus filed November 1, 2024, had originally set November 4, 2026 as the deadline to complete a qualifying business combination, that date being 24 months after the company's initial public offering on November 4, 2024.

At the meeting, shareholders approved the Extension Amendment by special resolution, extending the Combination Period to February 4, 2027, or an earlier date if determined by the Board. The filing noted that the amendment became effective upon approval by the requisite supermajority under Cayman Islands law. In connection with the extension vote, the filing disclosed that holders of 14,203,466 Class A Ordinary Shares exercised their redemption rights at approximately $10.85 per share, resulting in an aggregate redemption amount of approximately $154.3 million. After those redemptions, the company reported 3,046,534 Public Shares remaining issued and outstanding.

The filing also disclosed that shareholders approved the Auditor Ratification Proposal, ratifying the Board's Audit Committee selection of WithumSmith+Brown, PC as the company's independent registered public accounting firm for the year ending December 31, 2026. The filing noted that the meeting was held in part to satisfy the annual meeting requirement under Nasdaq Listing Rule 5620(a), which required the company to hold its first annual meeting on or prior to December 31, 2026. The filing further noted that because the meeting did not technically constitute an "annual general meeting" under Cayman Islands law, the terms of the Company's Class I directors did not expire at the meeting.

What Was Disclosed

Newbury Street II Acquisition Corp disclosed shareholder approval of a three-month extension to its business combination deadline, significant share redemptions totaling approximately $154.3 million, ratification of its auditor, and updated share counts following the extraordinary general meeting held October 28, 2026.