Company: OBA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075674
Chunk: 14

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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retion associated with redeemable Class A Ordinary Shares is excluded from earnings per share as the redemption value approximates fair value.  The Company has not considered the effect of the 8,625,000 Public Warrants in the calculation of diluted net income per Ordinary Share, since the exercise of such Public Warrants are contingent upon the occurrence of future events and the inclusion of such Public Warrants would be anti-dilutive.  9  OXLEY BRIDGE ACQUISITION LIMITEDNOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTSJUNE 30, 2025 The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per Ordinary Share for each class of Ordinary Shares:      Three Months Ended      June 30, 2025      Class A  Redeemable   Class B  Non-redeemable   Basic and diluted net income per Ordinary Share:          Numerator:          Allocation of net income, basic and diluted  $3,960   $18,020    Denominator:            Basic and diluted weighted average Ordinary Shares outstanding   1,390,110    6,325,000    Basic and diluted net income per Ordinary Share  $0.00   $0.00         Six Months Ended      June 30, 2025      Class A  Redeemable   Class B  Non-redeemable   Basic and diluted net income per Ordinary Share:          Numerator:          Allocation of net income, basic and diluted  $897   $8,121    Denominator:            Basic and diluted weighted average Ordinary Shares outstanding   698,895    6,325,000    Basic and diluted net income per Ordinary Share  $0.00   $0.00    Warrant Instruments The Company accounted for the Warrants issued in connection with the Initial Public Offering and the Private Placement in accordance with the guidance contained in ASC 815. Accordingly, the Company evaluated and classified the warrant instruments under equity treatment at their assigned values. Such guidance provides that the Warrants described above will not be precluded from equity classification. Equity-classified contracts are initially measured at fair value (or