Company: NBRG
Filing Date: 2025-10-22
Form Type: POS462C
Source: 0001213900-25-101203
Chunk: 253

Company: Newbridge Acquisition Ltd
Filing Date: 2025-10-22
Form: POS462C
Chunk 253
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 Interest.” Accordingly, if any of our officers or directors becomes aware of a business combination opportunity which is suitable for an entity to which he or she has then current fiduciary or contractual obligations, he or she will honor his or her fiduciary or contractual obligations to present such business combination opportunity to such other entity, and only present it to us if such entity rejects the opportunity, subject to their fiduciary duties under British Virgin Islands law. •Our sponsor and our officers and directors may sponsor or form other special purpose acquisition companies similar to ours or may pursue other business or investment ventures during the period in which we are seeking an initial business combination. As a result, our sponsor, officers, and directors could have conflicts of interest in determining whether to present business combination opportunities to us or to any other blank check company with which they may become involved. Members of our management team have complete discretion, subject to applicable fiduciary duties, as to which blank check company they choose to pursue a business combination and the order in which they pursue business combinations for any of their existing or future blank check companies. Any such companies, businesses or investments may present additional conflicts of interest in pursuing an initial business combination. •Our officers, directors, shareholders or affiliates may be paid fees upon the successful completion of our initial business combination as described under “Summary — the Offering — Limited payments to insiders”. •In the event our sponsor, officers, directors or their affiliates provide working capital loans to us to finance transaction costs and/or incur expenses on our behalf in connection with an initial business combination, such persons may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination as such loans may not be repaid and/or such expenses may not be reimbursed unless we consummate such business combination. 147

Under British Virgin Islands law, directors and officers owe the following fiduciary duties: (i)duty to act in good faith in what the director or officer believes to be in the best interests of the company as a whole; (ii)duty to exercise powers for the purposes for which those powers were conferred and not for a collateral purpose; (iii)directors should not improperly fetter the exercise of future discretion; (iv)duty not to put themselves in a position in which there is a conflict between their duty to the company and their personal interests; and (v)duty to exercise independent judgment. In addition to the above, directors also owe a duty of care which is not fiduci