Company: OBA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075674
Chunk: 71

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 71
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ES TO UNAUDITED CONDENSED FINANCIAL STATEMENTSJUNE 30, 2025  The Company’s CODM has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, Management has determined that the Company only has one reporting segment.   The CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the accompanying unaudited condensed statements of operations as net income or loss. The measure of segment assets is reported on the accompanying condensed balance sheets as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which includes the following:       June 30,  2025   Cash  $1,370,958    Investments held in Trust Account  $253,115,349         For the    For the       Three Months  Ended   Six Months  Ended      June 30,   June 30,      2025   2025   General and administrative expenses  $91,286   $104,248    Administrative expense – related party  $2,083    2,083    Income on investments in Trust Account  $115,349    115,349    The CODM reviews income on investment in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement. Expenses noted above are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar transaction within the Combination Period. The CODM also reviews expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Expenses noted above, as reported on the accompany unaudited condensed statements of operations, are the significant segment expenses provided to the CODM on a regular basis. All other segment items included in net loss are reported on the accompanying unaudited condensed statements of operations and described within their respective disclosures 

Note 10 — Subsequent Events The Company evaluated subsequent events and transactions that occurred after the accompany condensed balance sheets date through the date that the accompany unaudited condensed financial statements