Company: OBA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109993
Chunk: 98

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 98
---
 our Public Shares
if we do not complete our initial Business Combination within the Combination Period or (ii) any other material provisions relating to
shareholders’ rights or pre-initial Business Combination activity, unless we provide our Public Shareholders with the opportunity
to redeem their Public Shares upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount
then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to
us to pay our taxes, divided by the number of then outstanding Public Shares.

23

Critical Accounting Estimates and Policies

We have identified the following as our critical
accounting policies. See Note 2—”Summary of Significant Accounting Policies” of our unaudited condensed financial statements
and notes thereto included in this Report under Item 1. “Financial Statements” for additional information regarding these
critical accounting policies and other significant accounting policies.

Use of Estimates

The preparation of the unaudited condensed financial
statements and notes thereto included in this Report under Item 1. “Financial Statements” in conformity with GAAP requires
Management to make estimates and assumptions that affect the reported amounts of assets and liabilities, income and expenses, and the
disclosure of contingent assets and liabilities, in our unaudited condensed financial statements. These accounting estimates require the
use of assumptions about matters, some of which are highly uncertain at the time of estimation. Management bases its estimates on historical
experience and on various other assumptions it believes to be reasonable under the circumstances, the results of which form the basis
for making judgments, and we evaluate these estimates on an ongoing basis. To the extent actual experience differs from the assumptions
used, our unaudited condensed financial statements and notes thereto included in this Report under Item 1. “Financial Statements”
could be materially affected. We believe that the following accounting policies involve a higher degree of judgment and complexity. As
of September 30, 2025, we did not have any critical accounting estimates to be disclosed.

Class A Ordinary Shares Subject to Possible
Redemption

We account for the Class A Ordinary Shares subject
to possible redemption in accordance with the guidance in FASB ASC Topic 480, “Distinguishing Liabilities from Equity”.
Class A Ordinary Shares subject to mandatory redemption (if any) are classified as liability instruments and measured at fair value. Conditionally
redeemable Class A Ordinary Shares (including Class A Ordinary Shares that feature redemption rights that are