The new company aims to combine with a company in the industrial, technology and healthcare sectors, which complements their founders’ expertise. Newbury Street is led by Co-Chairman George N. Mattson and Gregory L. Summe and Chief Financial Officer and Secretary Patrick T. Ford.
Total SPAC deal count for 2021 year-to-date is now 278. This offering is expected to close on Thursday, March 25.
EarlyBirdCapital, Inc. is acting as the sole book-running manager for the offering. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.