Company: NBRG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110861
Chunk: 2

Company: Newbridge Acquisition Ltd
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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Accumulated  
Total  shareholders’ 

Class B  
Amount  
deficit  
deficit 
 Balance as of December 31, 2024   2,875,000   $25,000   $(399,108)  $(374,108) 
 Net loss   —    —    (51,857)   (51,857) 
 Forfeited shares   (1,437,500)   —    —    —  
 Balance as of March 31, 2025   1,437,500   $25,000   $(450,965)  $(425,965) 
 Net loss   —    —    (36,748)   (36,748) 
 Balance as of June 30, 2025   1,437,500   $25,000   $(487,713)  $(462,713) 
 Net loss   —    —    (63,873)   (63,873) 
 Balance as of September 30, 2025   1,437,500   $25,000   $(551,586)  $(526,586) 

(1)This number includes an aggregate of up to 187,500 Class B
ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5).

The accompanying notes are an integral part
of these financial statements.

3

NEWBRIDGE ACQUISITION LIMITED
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

For the nine months ended  September 30, 

2024  
2025 

Cash Flows from Operating Activity: 

 Net loss  $(73,725)  $(152,478) 
 Net Cash Used in Operating Activity   (73,725)   (152,478) 

Cash Flows from Financing Activities: 

 Proceeds from promissory note – related party   90,000    330,492  
 Payment for deferred offering costs   (4,231)   (130,262) 
 Net Cash Provided by Financing Activities   85,769    200,