Company: NBRG
Filing Date: 2025-06-24
Form Type: DRS/A
Source: 0001213900-25-056981
Chunk: 263

Company: Newbridge Acquisition Ltd
Filing Date: 2025-06-24
Form: DRS/A
Chunk 263
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 officers and directors have agreed (and their permitted transferees will agree), pursuant to the terms of a letter agreement entered into with us, to vote any founder shares, private shares and the representative shares held by them in favor of our initial business combination. As a result, in addition to our initial shareholder’s founder shares and private shares and the representative shares, we would need only 1,712,501, or 34.3% (assuming all issued and outstanding shares are voted and the over -allotmentoption is not exercised). Assuming that the holders of only one -thirdof our issued and outstanding ordinary shares are present in person or by proxy, representing a quorum, and all such shares held by our initial shareholders, officers and directors are voted and the over -allotmentoption is not exercised, no public shares sold in this offering would be required to be voted in favor of a transaction in order to have our initial business combination approved. The founder shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one -for -onebasis, subject to adjustment for share sub -divisions, share capitalizations, reorganizations, recapitalizations and the like and subject to further adjustment pursuant to certain anti -dilutionrights, as described herein and in our amended and restated memorandum and articles of association. In the case that additional Class A ordinary shares, or equity -linkedsecurities, are issued or deemed issued in excess of the amounts sold in this offering and related to the closing of the business combination, the ratio at which Class B ordinary shares shall convert into Class A ordinary shares will be adjusted (unless the holders of a majority of the issued and outstanding Class B ordinary shares agree to waive such anti -dilutionadjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, 20% of the sum of all ordinary shares issued and outstanding upon completion of this offering, including pursuant to the over -allotmentoption, plus all Class A ordinary shares issued or deemed issued, or issuable upon the conversion or exercise of any equity -linkedsecurities issued or deemed issued in connection with or in relation to the business combination (excluding any shares or equity -linkedsecurities issued, or to be issued, to any seller in the initial business combination or any private placement -