SCHEDULE: Goldman Sachs Reports Beneficial Ownership Change

Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC have updated their beneficial ownership filing for Newbury Street II Acquisition Corp.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in the reporting of beneficial ownership for Newbury Street II Acquisition Corp.
• The reporting persons are The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC.
• The securities in question are Class A Ordinary Shares of Newbury Street II Acquisition Corp.
• As of June 30, 2026, Goldman Sachs & Co. LLC beneficially owns 736,806.00 shares, representing 4.1% of the class.
• This ownership is characterized by shared voting power and shared dispositive power.
• The filing confirms that these securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it primarily concerns a change in beneficial ownership reporting and does not contain operational or financial performance data.

Positives

• The filing clarifies the beneficial ownership status of Goldman Sachs entities, providing transparency.
• The reported ownership percentage (4.1%) is below the threshold that typically triggers more stringent reporting requirements.

Negatives

• The filing does not provide any operational or financial performance data for Newbury Street II Acquisition Corp., limiting insight into the company's health.
• The nature of the acquisition vehicle (Acquisition Corp.) suggests it may be a SPAC, which often have a limited operational history until a business combination.

Risks

• The primary risk associated with this type of filing is the potential for significant changes in beneficial ownership that could precede a change in control or strategic direction of the issuer.
• As a SPAC, Newbury Street II Acquisition Corp. faces risks related to its ability to identify and complete a successful business combination within its specified timeframe.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the future performance of Newbury Street II Acquisition Corp. It is a reporting document related to ownership.

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors crossing certain ownership thresholds. The involvement of Goldman Sachs & Co. LLC, a major financial institution, is typical in the SPAC market, either as an underwriter or a significant investor.

Stakeholder Impact

• Shareholders of Newbury Street II Acquisition Corp. receive updated information on significant beneficial ownership, which can influence perceptions of control and future strategic actions.
• Potential investors and market participants gain clarity on the holdings of major financial institutions like Goldman Sachs.

Next Steps

• Newbury Street II Acquisition Corp. is expected to continue its search for a business combination target.
• Goldman Sachs will continue to report any changes in beneficial ownership exceeding reporting thresholds.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Newbury Street II Acquisition Corp, Goldman Sachs, Class A Ordinary Shares, SPAC