Infinite Reality, Inc. (iR), the leader in delivering immersive virtual experiences, and Newbury Street Acquisition Corporation (Nasdaq: NBST), a special purpose acquisition company ("NBST"), today announced they have entered into a definitive business combination agreement. Upon completion of the proposed business combination, NBST will change its name to Infinite Reality, Inc., and the combined company's common stock, warrants and units are expected to be listed on the Nasdaq Stock Market.
(Bloomberg) -- Infinite Reality Inc., a company that helps build metaverse experiences, is in advanced talks to go public through a merger with Newbury Street Acquisition Corp., according to people with knowledge of the matter.Most Read from BloombergIs Putin Finally Getting Smart About His Ukraine Disaster?Elon Musk’s Tesla Share Sales Approach the $40 Billion MarkPowell Says Fed Still Has a ‘Ways to Go’ After Half-Point HikeStocks Push Lower as Traders Digest Rate Moves: Markets WrapA transact
Every investor in Newbury Street Acquisition Corporation ( NASDAQ:NBST ) should be aware of the most powerful...