Company: OBA
Filing Date: 2025-06-05
Form Type: S-1
Source: 0001213900-25-051650
Chunk: 63

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-06-05
Form: S-1
Chunk 63
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, such initial business combination will be approved if we receive approval of an ordinary resolution under Cayman Islands law and our amended and restated memorandum and articles of association, which requires the affirmative vote of at least a simple majority of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company. If our initial business combination is structured as a statutory merger or consolidation with another company under Cayman Islands law, the approval of our initial business combination will also require a special resolution, which requires the affirmative vote of at least two -thirdsof the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company. Accordingly, if we seek shareholder approval of our initial business combination, the agreement by our initial shareholders and management team to vote in favor of our initial business combination will increase the likelihood that the requisite shareholder approval for such initial business combination will be obtained. As a result, if all outstanding shares are voted on a resolution to approve our initial business combination, in addition to our initial shareholders’ founder shares, if we would require an ordinary resolution, we would need 8,250,001 public shares, or 37.5% of the 22,000,000 public shares sold in this offering, and if we would require a special resolution, we would need 12,833,334 public shares, or 58.3% of the 22,000,000 public shares sold in this offering, to be voted in favor of an initial business combination in order to have our initial business combination approved, assuming in each case that the over -allotmentoption is not exercised and that the parties to the letter agreement do not acquire any public shares. Assuming that only the holders of one -thirdof our issued 47 and outstanding ordinary shares, representing a quorum under our amended and restated memorandum and articles of association, vote their shares, if we would require an ordinary resolution, we would need none of the 22,000,000 public shares sold in this offering, and if we would require a special resolution, we would need 611,112 public shares, or 2.8% of the 22,000,000 public shares sold in this offering, to be voted in favor of an initial business combination in order to have our initial business combination approved, assuming in each case that the over -allot