Company: NBRG
Filing Date: 2025-06-24
Form Type: DRS/A
Source: 0001213900-25-056981
Chunk: 260

Company: Newbridge Acquisition Ltd
Filing Date: 2025-06-24
Form: DRS/A
Chunk 260
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 an aggregate of 187,500 Class B ordinary shares subject to forfeiture by the sponsor to the extent that the underwriters’ over -allotmentoption is not exercised in full so that our initial shareholders will own approximately 20% of our issued and outstanding shares after this offering (excluding the private shares and assuming our initial shareholders do not purchase any units in this offering). Upon the closing of this offering, 6,575,000 of our ordinary shares will be outstanding (assuming no exercise of the underwriters’ over -allotmentoption and the corresponding surrender for no consideration of 187,500 founder shares) comprising: •5,000,000 Class A ordinary shares underlying public units issued as part of this offering; •175,000 Class A ordinary shares included in the private units to be sold in the private placement; •1,250,000 Class B ordinary shares held by our initial shareholders, and •150,000 Class A ordinary shares held by the representative. Class A ordinary shareholders and Class B ordinary shareholders of record are entitled to one vote for each share held on all matters to be voted on by shareholders and vote together as a single class, except as required by law; provided that, for so long as any Class B ordinary shares are outstanding, holders of our Class B ordinary shares will have the right to elect all of our directors prior to our initial business combination and holders of our Class A ordinary shares will not be entitled to vote on the election of directors during such time. These provisions of our amended and restated memorandum and articles of association may only be amended by a resolution passed by holders of at least a majority of ordinary shares of that class that have voted and are entitled to vote thereon. In connection with any vote 155 held to approve our initial business combination, our initial shareholders, as well as all of our officers and directors, have agreed to vote their respective ordinary shares owned by them immediately prior to this offering and any shares purchased in this offering or following this offering in the open market (to the extent permitted under applicable securities laws and the limitations described in this prospectus) in favor of the proposed business combination. We will proceed with the business combination only if we have net tangible assets of at least $5,000,001 (after payment of deferred underwriting discounts, and net of taxes payable on the income earned on the trust account and funds previously released to the company to pay our taxes or for use as working capital) either immediately prior to or upon consummation of such business combination, or otherwise