Acquiring Company
Newbury Street II Acquisition
Acquired Company
FORT Robotics
BostonPhiladelphiaAngel InvestmentManufacturingRoboticsDescription
Newbury Street II Acquisition Corp has entered into a definitive business combination agreement with FORT Robotics. This transaction aims to create a publicly traded company named FORT Robotics Holdings, Inc. Upon completion, it will trade on Nasdaq under the symbol 'FROB'. The deal values the combined company at approximately $556.6 million.
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M&A Insights
Based on deal dataFrequently asked
Who acquired FORT Robotics?
FORT Robotics was acquired by Newbury Street II Acquisition, based in Boston. The deal was reported on August 18, 2026. Newbury Street II Acquisition Corp is a special purpose acquisition company (SPAC). It targets growth-oriented businesses for merger and acquisition opportunities. Newbury Street II Acquisition is privately held and operates in Angel Investment.
When did Newbury Street II Acquisition acquire FORT Robotics?
Newbury Street II Acquisition's acquisition of FORT Robotics was reported on August 18, 2026. Newbury Street II Acquisition Corp has entered into a definitive business combination agreement with FORT Robotics. This transaction aims to create a publicly traded company named FORT Robotics Holdings, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FORT Robotics do?
FORT Robotics develops advanced robotic systems focused on safety and control for autonomous machines. The company aims to push the boundaries of robotics by providing reliable and secure solutions. It is privately held, operating in Manufacturing, and is based in Philadelphia.