Infinite Reality and Newbury Street Acquisition Corporation receive Nasdaq approval to continue listing

From GlobeNewswire: 2024-06-12 16:08:00

Infinite Reality and Newbury Street Acquisition Corporation have received approval from the Nasdaq Hearings Panel to continue listing on Nasdaq until September 23, 2024. This decision comes after Newbury faced potential delisting for non-compliance with listing rules. The extension is contingent on completing the proposed business combination with Infinite Reality and meeting all Nasdaq listing requirements. Failure to do so could result in suspension from the exchange. Infinite Reality specializes in AI-powered immersive experiences, while Newbury Street Acquisition Corporation is a SPAC seeking to merge with other businesses. Key leaders include Thomas Bushey and Kenneth King.



Read more at GlobeNewswire: Infinite Reality’s SPAC Partner, Newbury Street Acquisition