Company: NBRG
Filing Date: 2025-09-11
Form Type: S-1/A
Source: 0001213900-25-086861
Chunk: 329

Company: Newbridge Acquisition Ltd
Filing Date: 2025-09-11
Form: S-1/A
Chunk 329
---
 commenced any operations. All activity for the years ended December 31, 2023 and 2024 relates to the Company’s formation and the Proposed Public Offering (as defined below). The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non -operatingincome in the form of interest income on cash and cash equivalents from the proceeds derived from the Proposed Public Offering (as defined below). The Company has selected December 31 as its fiscal year end. The Company’s sponsor is Wealth Path Holdings Limited, a BVI business company (the “Sponsor”). The Company’s ability to commence operations is contingent upon obtaining adequate financial resources through a Proposed Public Offering of 5,000,000 units at $10.00 per unit (the “Units”) (or 5,750,000 Units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3 (the “Proposed Public Offering”) and the sale of 175,000 Units (or 186,250 Units if the over -allotmentoption is exercised in full) at a price of $10.00 per unit, for an aggregate purchase price of $1,750,000 (or $1,862,500 if the over -allotmentoption is exercised in full) through Private Placement that will close simultaneously with the Proposed Public Offering, including the over -allotmentoption, as applicable. Each Unit consists of one Class A ordinary share and one right. Each right entitles the holder thereof to receive one -eighth(1/8) of one Class A ordinary share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units. As a result, the holder must have eight rights to receive one Class A ordinary share at the closing of the initial business combination. Each Private Placement Unit (“Private Unit”) will be identical to the Units sold in the Proposed Public offering, except as described in Note 4. The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Proposed Public Offering and the Private Placement Units, although substantially all of the net proceeds are intended to be generally applied toward consummating a Business Combination. The initial Business Combination must be with one or more target businesses or assets having an aggregate fair market value of at least 80% of the value of the Trust Account (defined below) (less any taxes payable on interest