Company: OBA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075674
Chunk: 38

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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5.

We do not
expect that our disclosure controls and procedures will prevent all errors and all instances of fraud. Disclosure controls and procedures,
no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the disclosure
controls and procedures are met. Further, the design of disclosure controls and procedures must reflect the fact that there are resource
constraints, and the benefits must be considered relative to their costs. Because of the inherent limitations in all disclosure controls
and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that we have detected all our control
deficiencies and instances of fraud, if any. The design of disclosure controls and procedures also is based partly on certain assumptions
about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under
all potential future conditions. 

Changes in Internal Control over Financial
Reporting

Not applicable.

21

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

To the knowledge of our Management Team, there
is no material litigation currently pending or contemplated against us, any of our officers or directors in their capacity as such or
against any of our property.

Item 1A. Risk Factors.

As a smaller reporting company under Rule 12b-2
of the Exchange Act, we are not required to include risk factors in this Report. For additional
risks relating to our operations, other than as set forth below, see the section titled “Risk Factors” contained in our
IPO Registration Statement. Any of these factors could result in a significant or material adverse effect on our results of operations
or financial condition. Additional risks could arise that may also affect our ability to consummate an initial Business Combination. We
may disclose changes to such risk factors or disclose additional risk factors from time to time in our future filings with the SEC.

There is substantial doubt about our ability
to continue as a “going concern.”

In connection with our assessment of going concern considerations under applicable accounting standards, Management
has determined that our possible need for additional financing to enable us negotiate and complete our initial Business Combination, as
well as the deadline by which we may be required to liquidate our Trust Account, raise substantial doubt about our ability to continue
as a going concern through approximately one year from the date the unaudited condensed financial statements included in Item 1. “Financial
Statements” of this Report were issued.

We may seek to extend the Combination Period,
which could reduce the