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Newbury Street (NBST) has issued an announcement.
Newbury Street Acquisition Corporation announced a significant boost to Infinite Reality Inc.’s prospects with a $350 million minority investment by a private multi-family office, lifting Infinite Reality’s valuation to $5.1 billion. Additionally, Infinite Reality has acquired Landvault, a cutting-edge technology firm serving top-tier companies and government bodies, for $450 million. These strategic moves signal a robust growth trajectory for the company in the technology and media landscape.
For detailed information about NBST stock, go to TipRanks’ Stock Analysis page.