Company: OBA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109993
Chunk: 5

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 Activities:

 Net income (loss)   $ 2,443,288     $ (45,412 ) 

Adjustments to reconcile net income (loss) to net cash
    used in operating activities:

 General and administrative expenses paid by Sponsor under promissory note – related party     41,811       —   
 Income on investments in Trust Account     (2,759,767 )     —   

Changes in operating assets and liabilities:

 Due to related party     12,083       —   
 Prepaid expenses - current     (106,509 )     —   
 Prepaid expenses – non-current     (60,271 )     —   
 Accounts payable     18,026       1,170   
 Accrued expenses     75,000       44,242   
 Net cash used in operating activities     (336,339 )     —   

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     (331,251 )     —   
 Net cash provided by financing activities     254,426,441       —   

 Net change in Cash     1,090,102       —   
 Cash – Beginning of period     —       —   
 Cash – End of period   $ 1,090,102     $ —   

Non-Cash Investing and Financing Activities:

 Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares   $ —     $ 25,000   
 Deferred offering costs contributed by Sponsor through promissory note – related party   $ 134,071     $ 13,400   
 Deferred underwriting commissions   $ 12,045,000     $ —   

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

4

OXLEY BRIDGE ACQUISITION