Company: NBRG
Filing Date: 2025-09-11
Form Type: S-1/A
Source: 0001213900-25-086861
Chunk: 234

Company: Newbridge Acquisition Ltd
Filing Date: 2025-09-11
Form: S-1/A
Chunk 234
---
 the trust account. Such shareholder must have also exercised its redemption rights described above. Comparison of This Offering to Those of Blank Check Companies Subject to Rule 419 The following table compares the terms of this offering to the terms of an offering by a blank check company subject to the provisions of Rule 419. This comparison assumes that the gross proceeds, underwriting discounts and underwriting expenses of our offering would be identical to those of an offering undertaken by a company subject to Rule 419, and that the underwriters will not exercise their over -allotmentoption. None of the provisions of Rule 419 apply to our offering because we will be listed on a national securities exchange, we will have net tangible assets 136

in excess of $5,000,001 (after payment of deferred underwriting discounts and net of any taxes payable) upon the successful consummation of this offering and will file a Current Report on Form 8 -K, including an audited balance sheet, demonstrating this fact.

|                                                           |     | Terms of Our Offering                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |     | Terms Under a Rule 419 Offering                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Escrow of offering proceeds                               |     | $50,000,000 of the proceeds from this offering and the sale of the private units (which includes up to approximately $1,250,000 for the payment of deferred underwriting discounts) will be deposited into a trust account in the United States established and maintained by Equiniti Trust Company, LLC acting as trustee.                                                                                                                                                                   |     | Approximately $44,325,000 of the offering proceeds, representing the gross proceeds of this offering, less allowable underwriting discounts, expenses and company deductions under Rule 419 would be required to be deposited into either an escrow account with an insured depositary institution or in a separate bank account established by a broker-dealer in which the broker-dealer acts as trustee for persons having the beneficial interests in the account. |
| Investment of net proceeds                                |     | $50,000,000 of the proceeds from this offering and the sale of the private units held in trust will be invested only in U.S. government treasury bills, notes or bonds with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act and which invest solely in U.S. Treasuries.                                                                                                                                    |     | Proceeds could be invested only in specified securities such as a money market fund meeting conditions of the Investment Company Act or in securities that