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NTWOU

Newbury Street II Acquisition Corp

NTWOU

Newbury Street II Acquisition Corp • NASDAQ
$10.99 ▲ 0.00% (+0.00)
Market Cap $196.70 M
52w High $10.99
52w Low $9.95
Dividend Yield 0%
P/E 0
Volume 1.01K
Outstanding Shares 17.90M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 ▼ $1.239M ▼ 0% $0.07 $0 ▲
Q2-2025 $0 $164.94K ▲ $1.685M ▲ 0% $0.07 $-164.94K ▼
Q1-2025 $0 $155.106K ▲ $1.685M ▲ 0% $0.07 ▲ $-155.106K ▼
Q4-2024 $0 $134.009K ▲ $1.084M ▲ 0% $0.045 ▲ $1.084M ▲
Q3-2024 $0 $25.78K $-25.78K 0% $-0.001 $-25.78K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $949.601K ▼ $181.206M ▲ $6.165M ▼ $-5.069M ▼
Q2-2025 $1.065M ▼ $179.481M ▲ $6.172M ▲ $173.309M ▲
Q1-2025 $1.129M ▼ $177.738M ▲ $6.115M ▼ $171.623M ▲
Q4-2024 $1.237M ▲ $176.114M ▲ $6.176M ▲ $169.938M ▲
Q3-2024 $0 $222.777K $239.379K $-16.602K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.732M ▼ $-115.693K ▼ $0 ▼ $0 ▲ $-115.693K ▲ $-115.693K ▼
Q2-2025 $2.287M ▲ $126.488K ▲ $173.363M ▲ $-174.898M ▼ $-171.907K ▼ $126.493K ▲
Q1-2025 $1.685M ▲ $-108.502K ▲ $0 ▲ $0 ▼ $-108.502K ▼ $-108.502K ▲
Q4-2024 $1.084M ▲ $-298.395K ▼ $-173.363M ▼ $174.898M ▲ $1.237M ▲ $-298.4K ▼
Q3-2024 $-41.602K $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement NTWOU is essentially a shell company at this stage, so its income statement is very simple. It has no real revenue, no operating business, and any small profit shown is likely from interest on cash or accounting items rather than true operations. There is no underlying product or service driving sales yet; the financials mainly reflect the early life of a SPAC that is still searching for a company to merge with.

Balance Sheet

Balance Sheet The balance sheet is dominated by cash raised in the IPO and held for a future deal, with no meaningful operating assets and no notable debt. Equity largely reflects money contributed by investors plus the sponsor’s stake. This is a clean, simple financial position, but it is also “empty” in the sense that there is no real business behind it yet. The quality of the balance sheet in the long run will depend entirely on the company they eventually acquire.

Cash Flow

Cash Flow Cash flows today are driven by financing activity, not by an operating business. Money has come in from the IPO and is mostly parked in a trust account waiting to be used in a merger. There is essentially no day‑to‑day cash generation or investment in equipment or operations. Future cash flow will depend entirely on the target company’s business model and how capital‑intensive it is.

Competitive Edge

Competitive Edge As a SPAC, NTWOU competes less on products and more on people and structure. Its edge, if any, comes from the experience, relationships, and reputation of its management and board, and their ability to source an attractive private company before other SPACs or traditional buyers do. The SPAC market is crowded, and timelines are limited, so the main competitive questions are: can this team find a compelling target, negotiate fair terms, and close a deal in time?

Innovation and R&D

Innovation and R&D NTWOU does not perform traditional research and development and does not own its own technology. Its “innovation” is the SPAC structure itself, which offers a quicker path to the public markets for a private company. Any true technological edge or R&D story will come from the business they choose to acquire. Until a target is announced, there is no clear view on future innovation, product pipeline, or long‑term moat beyond the management team’s deal‑making skill.

Summary

NTWOU is a newly formed SPAC with a clean but empty financial profile: no operating revenue, simple accounts, and cash earmarked for a future acquisition. The central question is not how the current numbers look, but what kind of company they will eventually merge with, on what terms, and under what market conditions. Strengths lie in the capital already raised and the sponsoring team’s background; key risks include deal uncertainty, a fixed time window to find a target, potential dilution around the merger, and the possibility of ending up with a weaker‑than‑expected operating business once a transaction is done.