Company: OBA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075674
Chunk: 3

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
  41,811  
 Income on investments in Trust Account   (115,349) 

Changes in operating assets and liabilities: 
   
 Due to related party   4,483  
 Due from related party   (25,309) 
 Accounts payable   (10,650) 
 Accrued expenses   3,170  
 Net cash used in operating activities   (92,826) 

Cash Flows from Investing Activities: 
   
 Investment of cash in Trust Account   (253,000,000) 
 Net cash used in investing activities   (253,000,000) 

Cash Flows from Financing Activities: 
   
 Proceeds from sale of Units   253,000,000  
 Proceeds from sale of Private Placement Warrants   6,400,000  
 Payment of underwriting fees   (4,400,000) 
 Proceeds from promissory note – related party   10  
 Payment of promissory note – related party   (242,318) 
 Payment of offering costs   (293,908) 
 Net cash provided by financing activities   254,463,784  

 Net change in Cash   1,370,958  
 Cash – Beginning of period   —  
 Cash – End of period  $1,370,958  

Non-Cash Investing and Financing Activities: 
   
 Deferred offering costs included in accrued offering costs  $19,694  
 Deferred offering costs contributed by Sponsor through promissory note – related party  $134,071  
 Deferred underwriting commissions  $12,045,000  

The accompanying notes are an integral part of
these unaudited condensed financial statements.

4

OXLEY BRIDGE ACQUISITION LIMITED

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

JUNE 30, 2025

Note 1 — Description of Organization, Business Operations and Liquidity and Capital Resources Oxley Bridge Acquisition Limited (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on August 6, 2024. The Company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company is