SCHEDULE: Wolverine Entities Report Stake in Newbury Street II
Schedule 13G Filing
Wolverine Asset Management, LLC and related entities have filed a Schedule 13G, disclosing a beneficial ownership of 0.08% of Newbury Street II Acquisition Corp.'s Class A Ordinary Shares.
Summary
- This filing is an amendment to a Schedule 13G, indicating a change in reporting for Wolverine Asset Management, LLC, Wolverine Holdings, LLC, Christopher L. Gust, and Robert R. Bellick.
- The reporting persons collectively beneficially own 15,023 shares of Class A Ordinary Shares of Newbury Street II Acquisition Corp.
- This ownership stake represents 0.08% of the total outstanding Class A Ordinary Shares, based on 17,998,375 shares outstanding as of August 12, 2026.
- Wolverine Asset Management, LLC is identified as an investment adviser with voting and dispositive power.
- Wolverine Holdings, LLC is the sole member and manager of Wolverine Asset Management, LLC.
- Christopher L. Gust and Robert R. Bellick are identified as individuals who may be deemed to control Wolverine Holdings, LLC.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting ownership stakes rather than significant operational or financial performance.
Positives
- The filing clearly outlines the beneficial ownership of a specific number of shares and the percentage of the class.
- The reporting persons are acting in the ordinary course of business and not for the purpose of influencing control.
Negatives
- The ownership stake is very small (0.08%), suggesting limited influence on the company's operations or strategic direction.
Risks
- No specific risks are detailed in this Schedule 13G filing, as it primarily concerns ownership disclosure.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Management Comments
- By signing below I certify that, to the best of my knowledge and belief, 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 common for institutional investors and other entities that acquire a significant, but not controlling, stake in a public company. This filing indicates a passive investment approach by Wolverine entities.
Stakeholder Impact
- Shareholders: The filing provides transparency on ownership, which is a standard disclosure for all shareholders.
- Management: The filing confirms that the reporting persons are not seeking to influence control, which may be reassuring to current management.
Next Steps
- Continued monitoring of ownership changes by Wolverine entities.
- Potential future filings if ownership levels change significantly.
Key Dates
| Date | Description |
|---|---|
| 2026-08-12 | Date of Issuer's Form 10-Q filing stating the number of outstanding Class A Ordinary Shares. |
| 2026-08-13 | Date of Issuer's Form 10-Q filing. |
| 2026-09-30 | Date of Event Which Requires Filing of this Statement. |
| 2026-10-05 | Date of Certification and Signatures for the filing. |
Keywords
Schedule 13G, Beneficial Ownership, Wolverine Asset Management, Newbury Street II Acquisition Corp., Class A Ordinary Shares, Investment Adviser, Control Person
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