Infinite Reality, Inc., Global Leader Delivering Immersive Digital Experiences, to Go Public Through Combination with Newbury Street Acquisition Corporation (NASDAQ: NBST)
NEW YORK and LONDON, Dec. 12, 2022 /PRNewswire/ -- Infinite Reality, Inc. (iR), the leader in delivering immersive virtual experiences, and Newbury Street Acquisition Corporation (Nasdaq: NBST), a special purpose acquisition company ("NBST"), today announced they have entered into a definitive business combination agreement. Upon completion of the proposed business combination, NBST will change its name to Infinite Reality, Inc., and the combined company's common stock, warrants and units are expected to be listed on the Nasdaq Stock Market.
- iR's tools and services empower companies, innovators, and artists to develop the richest and most forward-thinking experiences.
- In November, iR announced the release of a suite of immersive digital technology products that redefine how people experience live events and online shopping.
- "We're thrilled to announce this business combination and pathway for Infinite Reality to enter the public market.
- Infinite Reality (iR) helps clients with audiences develop immersive Web3 experiences that maximize the value between audiences, brands, and creators.