Company: NBRG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110861
Chunk: 0

Company: Newbridge Acquisition Ltd
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
NEWBRIDGE
ACQUISITION LIMITED
CONDENSED BALANCE SHEETS

As of  December 31, 
    2024  
As of  September 30,  2025 

(Unaudited) 

Assets 

Current asset 

 Cash  $9,456   $57,208  
 Total current asset   9,456    57,208  
 Deferred offering costs   85,787    216,049  
 Total Assets  $95,243   $273,257  

Liabilities and Shareholders’ Deficit 

 Promissory note – related party  $469,351   $799,843  
 Total current liabilities   469,351    799,843  
 Total Liabilities   469,351    799,843  

 Commitments and Contingencies (Note 6)        　  

Shareholders’ deficit 

 Class B ordinary shares, no par value, 10,000,000 authorized shares, 2,875,000 shares issued and outstanding as of December 31, 2024 and 1,437,500 shares issued and outstanding as of September 30, 2025(1)(2)   25,000    25,000  
 Accumulated deficit   (399,108)   (551,586) 
 Total shareholders’ deficit   (374,108)   (526,586) 
 Total Liabilities and Shareholders’ Deficit  $95,243   $273,257  

 (1)This number includes an aggregate of up to 187,500 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5). 

 (2)On March 18, 2025, the Company forfeited aggregately 1,437,500 ordinary shares to the Company (See Note 7). 

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

1

NEWBRIDGE ACQUISITION LIMITED
UNAUDITED CONDENSED STATEMENT OF OPERATIONS

For the three months ended September 30,  
For the nine months ended September 30, 

2024  
2025  
2024  
2025 
 Formation costs