Company: OBA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075674
Chunk: 42

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 effect on the price of our securities.

23

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

Unregistered Sales of Equity Securities 

Simultaneously with the closing of the Initial
Public Offering and pursuant to the Private Placement Warrants Purchase Agreements, we completed the sale of an aggregate of 6,400,000
Private Placement Warrants to the Sponsor and Cantor in the Private Placement at a purchase price of $1.00 per Private Placement Warrant,
generating gross proceeds to us of $6,400,000. Of those 6,400,000 Private Placement Warrants, the Sponsor purchased 4,200,000 Private
Placement Warrants and Cantor purchased 2,200,000 Private Placement Warrants. The Private Placement Warrants (and underlying securities) are
identical to the Public Warrants, except as otherwise disclosed in the IPO Registration Statement. No underwriting discounts or commissions
were paid with respect to such sale. The issuance of the Private Placement Warrants was made pursuant to the exemption from registration
contained in Section 4(a)(2) of the Securities Act.

Use of Proceeds

On June 26, 2025, we
consummated our Initial Public Offering of 25,300,000 Units, including 3,300,000 Option Units issued pursuant to the full exercise of
the Over-Allotment Option. Each Unit consists of one Public Share and one-half of one Public Warrant, with each whole Public Warrant entitling
the holder thereof to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment.

The Units were sold at
a price of $10.00 per Unit, generating gross proceeds to us of $253,000,000. Cantor acted as sole book runner and representative of the
underwriters. On June 26, 2025, simultaneously with the consummation of our Initial Public Offering and pursuant to the Private Placement
Warrants Purchase Agreements, we completed the private sale of an aggregate of 6,400,000 Private Placement Warrants at a purchase price
of $1.00 per Private Placement Warrant, to our Sponsor, and Cantor generating gross proceeds of $6,400,000.

Following the closing of our Initial Public Offering
on June 26, 2025, a total of $253,000,000 comprised of $248,600,000 of the proceeds from the Initial Public