Thu, May 15, 9:34 PM (59 days ago)
**Newbury Street II Acquisition Corp (NTWOU) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Cash Position:** $1,128,699 (down from $1,237,201 in Q4 2024). - **Trust Account:** $176,408,479 (up from $174,580,335 in Q4 2024). - **Total Assets:** $177,738,072 (up from $176,114,288 in Q4 2024). - **Liabilities:** $6,114,973 (down from $6,176,443 in Q4 2024). - **Shareholders' Deficit:** ($4,785,380) (down from ($4,642,490) in Q4 2024). **Revenue & Profit Margins:** - **Operating Costs:** $155,106. - **Net Income:** $1,685,254 (primarily from interest earned on the Trust Account). - **Profit Margins:** Not applicable due to the nature of the business. **Cash Flow:** - **Net Cash Used in Operating Activities:** ($108,502). - **Net Change in Cash:** ($108,502). **Earnings Changes:** - **Basic Net Income per Ordinary Share (Redeemable Class A):** $0.07. - **Basic Net Income per Ordinary Share (Non-Redeemable Class A and Class B):** $0.07. **Quarterly Performance Discussion:** - The company has not yet commenced operations and is focused on identifying a target business for a Business Combination. - The net income is primarily derived from interest earned on the Trust Account. - The company has sufficient funds for working capital needs until at least one year from the date of the financial statements. **Trends & Uncertainties:** - **Geopolitical Risks:** Ongoing conflicts and sanctions may impact global economies and financial markets. - **Trade Policies:** Uncertainty about future trade policies and tariffs could affect potential Business Combination targets. - **Market Volatility:** Economic conditions and market volatility may impact the company's ability to complete a Business Combination. **Future Operations Impact:** - The company plans to use the funds in the Trust Account to complete a Business Combination. - The success of the Business Combination will depend on identifying a suitable target and navigating geopolitical and market uncertainties. **Ticker:** NTWOU