Company: OBA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075674
Chunk: 56

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 56
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 non-current based on whether or not net cash settlement or conversion of the instrument could be required within 12 months of the balance sheets date. Net Income Per Ordinary Share The Company has two classes of Ordinary Shares, Class A Ordinary Shares and Class B Ordinary Shares. Income and losses are shared pro rata between the two classes of Ordinary Shares. The Company complies with the accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share”. Net income per share is computed by dividing net income by the weighted average number of Ordinary Shares outstanding for the period. Accretion associated with redeemable Class A Ordinary Shares is excluded from earnings per share as the redemption value approximates fair value.  The Company has not considered the effect of the 8,625,000 Public Warrants in the calculation of diluted net income per Ordinary Share, since the exercise of such Public Warrants are contingent upon the occurrence of future events and the inclusion of such Public Warrants would be anti-dilutive.  9  OXLEY BRIDGE ACQUISITION LIMITEDNOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTSJUNE 30, 2025 The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per Ordinary Share for each class of Ordinary Shares:      Three Months Ended      June 30, 2025      Class A  Redeemable   Class B  Non-redeemable   Basic and diluted net income per Ordinary Share:          Numerator:          Allocation of net income, basic and diluted  $3,960   $18,020    Denominator:            Basic and diluted weighted average Ordinary Shares outstanding   1,390,110    6,325,000    Basic and diluted net income per Ordinary Share  $0.00   $0.00         Six Months Ended      June 30, 2025      Class A  Redeemable   Class B  Non-redeemable   Basic and diluted net income per Ordinary Share:          Numerator:          Allocation of net income, basic and diluted  $897   $8,121    Denominator:            Basic and diluted weighted average Ordinary