Company: NBRG
Filing Date: 2025-09-25
Form Type: S-1/A
Source: 0001213900-25-091531
Chunk: 174

Company: Newbridge Acquisition Ltd
Filing Date: 2025-09-25
Form: S-1/A
Chunk 174
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 of Class A ordinary shares which may be redeemed for cash), by the number of issued and outstanding Class A ordinary shares. 100

At June30, 2025, our net tangible book value deficit was $624,323 or approximately $(0.43) per ordinary share. After giving effect to the sale of 5,000,000 Class A ordinary shares included in the units we are offering by this prospectus (or 5,750,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full), the sale of the private securities and the deduction of underwriting commissions and estimated expenses of this offering, our pro forma net tangible book value at June30, 2025 would have been $49,876,338 or $7.59 per share (or $7.62 per share if the underwriters’ over -allotmentoption is exercised in full), representing an immediate increase in net tangible book value (as decreased by the value of the approximately 5,000,000 Class A ordinary shares that may be redeemed for cash, or 5,750,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) of $8.02 per share (or $8.05 per share if the underwriters’ over -allotmentoption is exercised in full) to our initial shareholder as of the date of this prospectus and dilution to public shareholders from this offering will be $2.41 per share (or $2.38 if the underwriters’ over -allotmentoption is exercised in full). The following table illustrates the difference between the public offering price per unit and our NTBV per share, as adjusted to give effect to this offering and assuming redemption of our public shares at varying levels and the full exercise and no exercise of the over -allotmentoption:

| As of June 30, 2025 |                                                 |     |                |      |     |            |      |     |                |      |     |            |      |     |                |      |     |            |      |     |            |      |     |            |      |
|:--------------------|------------------------------------------------:|:----|:---------------|-----:|:----|:-----------|-----:|:----|:---------------|-----:|:----|:-----------|-----:|:----|:---------------|-----:|:----|:-----------|-----:|:----|:-----------