Company: OBA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075674
Chunk: 41

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 Public Share that they choose to redeem.

There can be no assurance that, after our initial
Business Combination, our Public Shareholders would be able to sell their shares in the post-Business Combination company for the Redemption
Price, or any higher price. We have not, as yet, identified a target and are therefore unable to provide any assurances as to its financial
condition, business prospects or potential risks. It is therefore possible that the share price of the post-Business Combination company
may decline below the Redemption Price. In recent years, the share prices of many post-Business Combination companies have fallen
following a Business Combination. As a result, if our Public Shareholders continue to hold shares in the post-Business Combination company
following our initial Business Combination, we cannot assure our shareholders that the trading price of such shares will be greater than
the Redemption Price.

Certain agreements related to the Initial
Public Offering may be amended, or their provisions waived, without shareholder approval.

Certain of the agreements related to the
Initial Public Offering to which we are a party may be amended, or their provisions waived, without shareholder approval. Such
agreements include the (i) Underwriting Agreement, (ii) the Letter Agreement, (iii) the Registration Rights Agreement, (iv) the
Private Placement Warrants Purchase Agreements, and (v) the Administrative Services Agreement. These agreements contain various
provisions that our Public Shareholders might deem to be material. For example, our Letter Agreement and the Underwriting Agreement
contain certain lock-up provisions with respect to the Founder Shares and other securities held by our Sponsor, officers and
directors, subject to certain exceptions. Amendments or waivers to such agreements would require the consent of the applicable
parties thereto and, in certain cases, the consent of the underwriters of the Initial Public Offering. Any such modification, such
as an amendment to shorten lock-up restrictions, may benefit our Initial Shareholders, Sponsor, officers and/or directors. Any such
amendments would not require approval from our shareholders, may result in the completion of our initial Business Combination that
may not otherwise have been possible, and may have an adverse effect on the value of an investment in our securities. For example,
although we would not amend lock-up provisions to permit securities held by our Sponsor to be freely sold prior to our initial
Business Combination, we may amend such provisions to permit them to be freely sold after the Business Combination earlier than they
would otherwise be permitted, which may have an adverse