Newbury Street II Acquisition Corp to acquire Fort Robotics, Inc.

Newbury Street II Acquisition Corp has agreed to acquire Fort Robotics, Inc. in a strategic acquisition. The transaction was announced on 29 September 2026. The buyer is incorporated in the Cayman Islands, while the target is based in the United States. Fort Robotics operates within the technology sector. The consideration for this deal consists of shares. The specific financial value of the transaction has not been disclosed. There is no reported completion date for the agreement. The deal structure involves a direct acquisition of the target company by the buyer entity. No other forms of consideration, such as cash, are mentioned in the available facts. The parties have reached an agreement on the terms, but the process is not yet finalised. The current status of the transaction is in review. This indicates that the deal is undergoing necessary assessments or approvals before it can proceed to completion. The exact timeline for closing remains uncertain given the lack of a scheduled completion date. The focus remains on the share-based exchange between the two entities.