Recent Updates — NTWO
Newbury Street II Acquisition Corp entered into a Merger Agreement with Fort Robotics on August 17, 2026. The transaction values Fort Robotics at $500 million in equity consideration, plus the conversion of permitted SAFEs. Newbury Street will domesticate from Cayman Islands to Delaware and merge a subsidiary into Fort Robotics, which will survive as a wholly-owned subsidiary. The combined company will be renamed Fort Robotics Holdings, Inc. Concurrently, Newbury Street secured $31.25 million in Initial PIPE financing at $10.00 per share for 3,125,000 shares. The underwriting commission was reduced from approximately $6.04 million to $2 million. Shareholder approval and regulatory clearances are required conditions. Newbury Street II Acquisition Corp operates as a blank check company in the financial services industry.