Newbury Street Acquisition Sponsor LLC 3
3 · Newbury Street Acquisition Corp · Filed Mar 30, 2021
Insider Transaction Report
Form 3
Holdings
- 3,450,000(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]These shares represent the common stock held by Newbury Street Acquisition Sponsor LLC (the "Sponsor"), acquired pursuant to a private placement by and between the Sponsor and the registrant. The common stock owned by the Sponsor includes up to 450,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise in full their over-allotment option as described in the registrant's registration statement.
- [F2]Thomas Bushey and Kenneth King are managing members of the reporting person and each of them may be deemed to hold beneficial ownership of the shares of common stock held directly by the Sponsor. Each of Thomas Bushey and Kenneth King disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.