Company: OBA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109993
Chunk: 116

Company: Oxley Bridge Acquisition Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part II, Item 1A
Chunk 116
---
As a smaller reporting company under Rule 12b-2 of the Exchange Act, we are not required to include risk factors in this Report. However,
for risks relating to our operations, see the section titled “Risk Factors” contained in our (i) IPO Registration Statement
and (ii) 2025 Q2 Form 10-Q. As of the date of this Report, there have been no material changes with respect to those risk factors. Any
of these previously disclosed risk factors could result in a significant or material adverse effect on our results of operations or financial
condition. Additional risks not presently known to us or that we currently deem immaterial may also affect our ability to consummate an
initial Business Combination. We may disclose changes to such risk factors or disclose additional risk factors from time to time in our
future filings with the SEC.

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

Unregistered Sales of Equity Securities 

There were no sales of unregistered securities
during the quarterly period covered by the Report. However, 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 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

There were no offerings of registered securities
and therefore no planned use of proceeds from such offerings during the quarterly period covered by the Report. For a description of the
use of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our 2025 Q2 Form 10-Q. There has
been no material change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO
Registration Statement. The specific