SCHEDULE: Wolverine Entities Disclose 5.02% Stake in Newbury Street II Acquisition Corp

Wolverine Asset Management LLC and affiliated entities have disclosed a beneficial ownership of 5.02% in Newbury Street II Acquisition Corp's Class A Ordinary Shares.

Summary

• Wolverine Asset Management LLC, Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick collectively reported beneficial ownership of 903,994 Class A Ordinary Shares of Newbury Street II Acquisition Corp.
• This ownership represents 5.02% of the Issuer's Class A Ordinary Shares outstanding.
• The percentage was calculated based on 17,998,375 Class A Ordinary Shares outstanding as of May 15, 2025, as reported in the Issuer's Form 10-Q.
• The reporting persons hold shared voting and shared dispositive power over all 903,994 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: This is a factual disclosure of ownership and does not contain subjective information that would indicate positive or negative sentiment.

Future Outlook

This document is a beneficial ownership disclosure and does not contain forward-looking statements or guidance regarding the issuer's future performance or strategy.

Industry Context

This filing indicates a significant institutional investment in a Special Purpose Acquisition Company (SPAC), which is common for such entities as they seek to identify and merge with a target company. The disclosure of a 5.02% stake by a prominent asset manager like Wolverine Asset Management can signal confidence in the SPAC's potential or its management's ability to execute a successful de-SPAC transaction.

Related Party Transactions

• Wolverine Flagship Fund Trading Limited is known to have the right to receive dividends from, or proceeds from the sale of, the Class A ordinary shares beneficially owned by Wolverine Asset Management LLC.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake provides transparency regarding the ownership structure and may influence investor perception of the company's stability and future prospects.

Key Dates

Keywords

Newbury Street II Acquisition Corp, Wolverine Asset Management, Beneficial Ownership, Schedule 13G, Class A Ordinary Shares, Investment Management, Holding Company, SEC Filing