Periscope Capital Inc. Cuts Stock Holdings in Newbury Street II Acquisition Corp – Class A Ordinary Shares $NTWO

Periscope Capital Inc. lowered its stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) by 15.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 252,300 shares of the company’s stock after selling 47,700 shares during the quarter. Periscope Capital Inc.’s holdings in Newbury Street II Acquisition Corp – Class A Ordinary Shares were worth $2,631,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Citadel Advisors LLC purchased a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the third quarter worth $106,000. Clear Street Group Inc. purchased a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the third quarter worth $121,000. ABC Arbitrage SA purchased a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the fourth quarter worth $209,000. Moore Capital Management LP purchased a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the second quarter worth $2,058,000. Finally, Radcliffe Capital Management L.P. purchased a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the second quarter worth $2,854,000.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Stock Up 0.3%

Newbury Street II Acquisition Corp – Class A Ordinary Shares stock opened at $10.67 on Friday. Newbury Street II Acquisition Corp – Class A Ordinary Shares has a twelve month low of $10.18 and a twelve month high of $10.67. The stock’s fifty day simple moving average is $10.58 and its 200-day simple moving average is $10.50.

Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.06 earnings per share for the quarter.

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.