Newbury Street II Acquisition Corp (NTWO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 12, 2026

Risk Assessment Details

Potential Dilution: 86.96% of current shares
Recent Dilution: 194.19% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
17M
Potential Supply
15M
Additional shares possible
Splits
None
Past 2 years

Summary

NTWO currently has 17.3M outstanding shares. with significant dilution risk as 15M authorized shares could dilute existing holders by 87.0%. The company has significantly diluted shareholders by 194.19% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 12, 2026

10-Q filing | 17.3M shares outstanding

17M 15M
Mar 06, 2026

10-K filing | 17.3M shares outstanding

17M 15M
Nov 14, 2025

10-Q filing | 17.3M shares outstanding

17M 15M
Aug 13, 2025

10-Q filing | 17.3M shares outstanding

17M 15M
May 15, 2025

10-Q filing | 17.3M shares outstanding

17M 15M
Mar 31, 2025

10-K filing | 18.0M shares outstanding

18M 15M
Dec 16, 2024

10-Q filing | 18.0M shares outstanding

18M 15M
Oct 24, 2024

S-1/A filing: Newbury Street II Acquisition Corp is offering 15,000,000 units at $10.00 per unit for a total offering of $150,000,000. Each unit consists of one Class A ordinary share and one-half of one redeemable public warrant.

6.1M 15M
Oct 08, 2024

S-1/A filing: Newbury Street II Acquisition Corp is offering 15,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable public warrant.

6.1M 15M
Sep 19, 2024

S-1/A filing: Newbury Street II Acquisition Corp is offering 15,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable public warrant.

N/A 15M
Aug 09, 2024

S-1 filing: Newbury Street II Acquisition Corp is offering 20,000,000 units at $10.00 per unit in an initial public offering. Each unit consists of one Class A ordinary share and one-half of one redeemable public warrant.

N/A 23M
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