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NTWOW

Newbury Street II Acquisition Corp

NTWOW

Newbury Street II Acquisition Corp NASDAQ
$0.25 1.04% (+0.00)

Market Cap $4.55 M
52w High $0.26
52w Low $0.25
Dividend Yield 0%
P/E 0
Volume 5
Outstanding Shares 18.00M

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 $-155K
Q4-2024 $0 $134.009K $1.084M 0% $0.045 $1.084M
Q3-2024 $0 $25.78K $-25.78K 0% $-0.005 $-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 $-109K
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 Newbury Street II Acquisition Corp is a newly formed SPAC, so its income statement is essentially empty from an operating point of view. It has no real revenue, no ongoing business, and no meaningful operating profit or loss from normal commercial activity. Any small earnings per share figure comes mainly from interest on the cash held in trust, not from a traditional business. The real income profile will only emerge after it merges with a target company.


Balance Sheet

Balance Sheet The balance sheet is typical for a fresh SPAC: mostly cash-like assets raised in the IPO and very limited other assets or liabilities. There is no operating debt in the usual sense, and equity largely reflects the capital provided by shareholders. Financial strength today is really about the integrity and security of the trust account rather than business performance. This will change dramatically once a merger target is chosen and combined.


Cash Flow

Cash Flow Current cash flows come primarily from how the trust cash is managed, not from selling products or services. Operating cash flow and free cash flow are basically flat because there is no underlying business yet, aside from modest administrative spending. The key cash question is how much of the trust will remain after any redemptions and deal-related costs when a transaction is announced. Until then, cash flow analysis offers limited insight into long-term viability.


Competitive Edge

Competitive Edge As a blank-check company, NTWOW does not yet compete in a traditional market and has no customers, products, or market share. Its only real “edge” for now is the experience and network of its sponsors and board, including recent high-profile additions from media and investment backgrounds. The company’s competitive position will depend entirely on the quality of the business it eventually merges with and the terms of that deal. Until a target is named, there is effectively no enduring moat or market strategy to analyze.


Innovation and R&D

Innovation and R&D At this stage, NTWOW has no products, no technology, and no research and development of its own. Innovation will come from whichever company it chooses to acquire, not from the SPAC itself. The recent board refresh suggests a focus on sectors like media, consumer, and finance, but that is directional rather than a concrete innovation plan. Any discussion of future technology, product pipelines, or R&D intensity will only be meaningful once a specific target is announced.


Summary

NTWOW is a pure SPAC story: a pool of capital with a deadline to find and merge with a private company. Its current financials are clean but largely uninformative because there is no operating business behind them yet. The main positives are the committed capital in trust and a management team with deal-making and sector experience. The main risks are the time limit to complete a deal, the uncertainty around what kind of company will be acquired, and how favorable the final transaction terms will be. Future analysis will hinge entirely on the characteristics and quality of the chosen target business.