Wolverine Asset Management LLC Purchases 102,624 Shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares $NTWO

Wolverine Asset Management LLC raised its holdings in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) by 11.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,006,617 shares of the company’s stock after acquiring an additional 102,624 shares during the period. Wolverine Asset Management LLC’s holdings in Newbury Street II Acquisition Corp – Class A Ordinary Shares were worth $10,429,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Clear Street LLC lifted its stake in Newbury Street II Acquisition Corp – Class A Ordinary Shares by 726.5% in the second quarter. Clear Street LLC now owns 11,695 shares of the company’s stock valued at $120,000 after buying an additional 10,280 shares in the last quarter. Moore Capital Management LP bought a new stake in Newbury Street II Acquisition Corp – Class A Ordinary Shares in the 2nd quarter valued at $2,058,000. DLD Asset Management LP acquired a new position in Newbury Street II Acquisition Corp – Class A Ordinary Shares in the 2nd quarter worth $2,572,000. Radcliffe Capital Management L.P. acquired a new position in Newbury Street II Acquisition Corp – Class A Ordinary Shares in the 2nd quarter worth $2,854,000. Finally, Whitebox Advisors LLC bought a new position in Newbury Street II Acquisition Corp – Class A Ordinary Shares during the 2nd quarter worth about $3,859,000.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Stock Up 0.1%

NASDAQ NTWO opened at $10.45 on Friday. The firm’s fifty day moving average price is $10.41 and its two-hundred day moving average price is $10.37. Newbury Street II Acquisition Corp – Class A Ordinary Shares has a 1 year low of $9.90 and a 1 year high of $10.47.

Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) last released its quarterly earnings data on Friday, November 14th. The company reported $0.07 earnings per share for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Newbury Street II Acquisition Corp – Class A Ordinary Shares currently has an average rating of “Sell”.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Company Profile

Newbury Street II Acquisition Corp is a blank check company incorporated in Delaware in 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), it does not currently engage in commercial operations and intends to identify and acquire a target company.

The company completed its initial public offering and listing of its Class A ordinary shares on the Nasdaq under the symbol NTWO in early 2021.