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Newbury Street ( (NBST) ) has issued an announcement.
Newbury Street Acquisition Corporation has terminated its merger agreement with Infinite Reality, Inc., and a $7 million payment will be made to the purchaser by the target company. If Newbury Street is unable to secure a new business combination by March 25, 2025, it will proceed to liquidate the company.
More about Newbury Street
YTD Price Performance: -3.01%
Average Trading Volume: 555
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $51.07M
For a thorough assessment of NBST stock, go to TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
