Infinite Reality’s SPAC Partner Engages BTIG as Capital Markets Advisor; Continues to Drive Robust Expansion and Strengthened Market Position
Newbury Street Acquisition Corporation (NBST)
Company Research
Source: GlobeNewswire
NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“iR” or the “Company”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced that its previously announced business combination partner, Newbury Street Acquisition Corporation (Nasdaq: NBST) (“Newbury”), has engaged BTIG, LLC (“BTIG”) as its capital markets advisor. BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa. Tom Bushey, Chief Executive Officer of Newbury commented, “Partnering with the BTIG team is critical to Newbury’s transaction with iR and the Company’s journey towards becoming a publicly traded company. Their expertise is invaluable to Newbury as iR enters this next phase of growth with a public currency to further expand its immersive technology platform and services." The addition of BTIG as capital markets advisor to Newbury comes at an exciting time as Infinite Reality has recently an
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News
- Infinite Reality Acquires the Drone Racing League for $250 Million, Solidifying Position as Global Leader in Immersive Technology & ExperiencesGlobeNewswire
- Infinite Reality and Vodafone to Unveil Revolutionary Automotive Onboarding Service Featuring Generative AI and VR at Mobile World Congress Barcelona 2024 [Yahoo! Finance]Yahoo! Finance
- Infinite Reality and Vodafone to Unveil Revolutionary Automotive Onboarding Service Featuring Generative AI and VR at Mobile World Congress Barcelona 2024GlobeNewswire
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Sec Filings
- 5/16/24 - Form NT
- 4/23/24 - Form 425
- 4/23/24 - Form 8-K
- NBST's page on the SEC website