FORM 10-Q

U.S. SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549

[x]  QUARTERLY REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the quarterly period
ended July 31, 2011

OR

[  ]  TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the transition period
from ________ to ________

Commission file number:
000-54224

BRIDGEWAY
ACQUISITION CORP.(Exact name of registrant as specified in its charter)

|                                  |  |                                        
|--------------------------------- |  | ---------------------------------------
|Delaware                          |  | 80-0654192                             
|(State or other jurisdiction      |  | (I.R.S. Employer Identification Number)
|of incorporation or organization) |  |                                        



76
Lagoon Road, Belvedere, California, 94920

(Address
of principal executive offices)

415-939-5056

(Registrant’s telephone
number, including area code)



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes [x] No [  ].

Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [  ]  No [ ]

Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting
company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting
company” in Rule 12b-2 of the Exchange Act. (Check one):

|                                              |                         |      |  |                           |     
|--------------------------------------------- | ----------------------- | ---- |  | ------------------------- | ----
|                                              | Large accelerated filer | [  ] |  | Accelerated filer         | [  ]
|                                              | Non-accelerated filer   | [  ] |  | Smaller reporting company | [x] 
|(Do not check if a smaller reporting company) | .                       |     



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes [x] No [  ].



APPLICABLE ONLY TO CORPORATE
ISSUERS:

Indicate
the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 800,000
shares of common stock, par value $0.0001 per share, outstanding as of September 13, 2011.







BRIDGEWAY ACQUISITION
CORP.

(A Development Stage Company)



- INDEX -



|                               |                                                                                                                                                                                | Page
|------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----
|PART I – FINANCIAL INFORMATION |                                                                                                                                                                               
|                               |                                                                                                                                                                                | 3   
|Item 1.                        | Financial Statements.                                                                                                                                                          |     
|                               |                                                                                                                                                                                |     
|                               | Balance Sheets as of July 31, 2011 (Unaudited) and October 31, 2010                                                                                                            | 3   
|                               |                                                                                                                                                                                |     
|                               | Statements of Operations (Unaudited) for the Three and Nine Months Ended July 31, 2011 and for the
 Cumulative Period from October 22, 2010  (Inception) through July 31, 2011 | 4   
|                               |                                                                                                                                                                                |     
|                               | Statements of Cash Flows (Unaudited) for the Nine Months Ended July 31, 2011 and for the Cumulative 
Period from October 22, 2010 (Inception) through July 31, 2011            | 5   
|                               |                                                                                                                                                                                |     
|                               | Notes to Financial Statements                                                                                                                                                  | 6   
|                               |                                                                                                                                                                                |     
|Item 2.                        | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                                          | 8   
|                               |                                                                                                                                                                                |     
|Item 3.                        | Quantitative and Qualitative Disclosures About Market Risk                                                                                                                     | 10  
|                               |                                                                                                                                                                                |     
|Item 4.                        | Controls and Procedures                                                                                                                                                        | 11  
|                               |                                                                                                                                                                                |     
|PART II – OTHER INFORMATION:   | 11                                                                                                                                                                            
|                               |                                                                                                                                                                                |     
|Item 1.                        | Legal Proceedings                                                                                                                                                              | 11  
|                               |                                                                                                                                                                                |     
|Item 1A.                       | Risk Factors                                                                                                                                                                   | 11  
|                               |                                                                                                                                                                                |     
|Item 2.                        | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                                    | 11  
|                               |                                                                                                                                                                                |     
|Item 3.                        | Defaults Upon Senior Securities                                                                                                                                                | 11  
|                               |                                                                                                                                                                                |     
|Item 4.                        | Removed and Reserved                                                                                                                                                           | 11  
|                               |                                                                                                                                                                                |     
|Item 5.                        | Other Information                                                                                                                                                              | 11  
|                               |                                                                                                                                                                                |     
|Item 6.                        | Exhibits                                                                                                                                                                       | 12  
|                               |                                                                                                                                                                                |     
|Signatures                     | 13                                                                                                                                                                            











Item 1. Financial Statements

BRIDGEWAY ACQUISITION
CORP.
(A Development Stage Enterprise)

CONDENSED BALANCE SHEETS

(Unaudited)





|                                                                                                     |  |                           |         |                           
|---------------------------------------------------------------------------------------------------- |  | ------------------------- | ------- | --------------------------
|                                                                                                     |  | July 31, 2011 (Unaudited) |         | October 31, 2010 (Audited)
|                                                                                                     |  |                           |         |                           
|ASSETS                                                                                               |  |                           |         |                           
|Prepaid assets                                                                                       |  | $                         | —       |                           
|Total Assets                                                                                         |  | $                         | —       |                           
|                                                                                                     |  |                           |         |                           
|LIABILITIES AND STOCKHOLDER’S DEFICIENCY                                                             |  |                           |         |                           
|Current Liabilities                                                                                  |  |                           |         |                           
|Accrued expenses                                                                                     |  | $                         | 1,630   |                           
|Payable to related parties                                                                           |  |                           | 3,241   |                           
|Total Current Liabilities                                                                            |  |                           | 4,871   |                           
|                                                                                                     |  |                           |         |                           
|Stockholder’s Equity                                                                                 |  |                           |         |                           
|Common Stock,$0.0001 par value; 300,000,000 shares authorized; 800,000 shares issued and outstanding |  |                           | 80      |                           
|Additional paid-in capital                                                                           |  |                           | 7,920   |                           
|Deficit accumulated during development stage                                                         |  |                           | (12,871 | )                         
|                                                                                                     |  |                           |         |                           
|Total Stockholder’s Equity                                                                           |  |                           | (4,871  | )                         
|                                                                                                     |  |                           |         |                           
|Total Liabilities and Stockholder’s Equity                                                           |  | $                         | —       |                           





See accompanying notes
to condensed unaudited financial statements

3





BRIDGEWAY ACQUISITION
CORP
(A Development Stage Enterprise)

CONDENSED STATEMENTS
OF OPERATIONS
(Unaudited)



|                                           |  | Three Months
 Ended July 31, 2011 |         | Nine Months Ended July 31, 2011 |  | Period from October 22, 2010 (Inception) to July 31, 2011
|------------------------------------------ |  | --------------------------------- | ------- | ------------------------------- |  | ---------------------------------------------------------
|Operating Expenses                         |  |                                   |         |                                 |  |                                                          
|Professional fees                          |  | $                                 | 2,290   |                                 |  | $                                                        
|General and administrative                 |  |                                   | 111     |                                 |  |                                                          
|Total Operating Expenses                   |  |                                   | 2,401   |                                 |  |                                                          
|                                           |  |                                   |         |                                 |  |                                                          
|Loss from Operations Before Income Taxes   |  |                                   | (2,401  | )                               |  |                                                          
|                                           |  |                                   |         |                                 |  |                                                          
|Provision for Income Taxes                 |  |                                   | —       |                                 |  |                                                          
|                                           |  |                                   |         |                                 |  |                                                          
|Net Loss                                   |  | $                                 | (2,401  | )                               |  |                                                          
|                                           |  |                                   |         |                                 |  |                                                          
|Basic and diluted net loss per share       |  | $                                 | (0.00   | )                               |  |                                                          
|Weighted-Average Common Shares Outstanding |  |                                   | 800,000 |                                 |  |                                                          



See accompanying notes
to condensed unaudited financial statements



4





BRIDGEWAY ACQUISITION CORP.

(A Development Stage
Enterprise)



CONDENSED STATEMENTS
OF CASH FLOWS
(Unaudited)



|                                                                         |  | For the 
Nine Months
 Ended July
    31, 2011 |        | For the 
Period from October 22, 2010 (Inception) to July 31, 2011
|------------------------------------------------------------------------ |  | --------------------------------------------- | ------ | ------------------------------------------------------------------
|                                                                         |  |                                               |        |                                                                   
|Cash Flows from Operating Activities:                                    |  |                                               |        |                                                                   
|Net loss                                                                 |  | $                                             | (8,371 | )                                                                 
|Adjustments to reconcile net loss to net cash from operating activities: |  |                                               |        |                                                                   
|Changes in prepaid assets                                                |  |                                               | 3,500  |                                                                   
|Changes in accrued expenses                                              |  |                                               | 1,630  |                                                                   
|Changes in payable to related parties                                    |  |                                               | 3,241  |                                                                   
|Net Cash Used In Operating Activities                                    |  |                                               | —      |                                                                   
|                                                                         |  |                                               |        |                                                                   
|Cash Flow from Financing Activities                                      |  |                                               |        |                                                                   
|Sale of Common Stock                                                     |  |                                               | —      |                                                                   
|Net   Cash Provided By Financing Activities                              |  |                                               | —      |                                                                   
|                                                                         |  |                                               |        |                                                                   
|Net Change in Cash                                                       |  |                                               | —      |                                                                   
|Cash at Beginning of Period                                              |  |                                               | —      |                                                                   
|Cash at End of Period                                                    |  | $                                             | —      |                                                                   
|                                                                         |  |                                               |        |                                                                   
|Supplemental disclosures of cash flow information:                       |  |                                               |        |                                                                   
|                                                                         |  |                                               |        |                                                                   
|Cash paid for interest                                                   |  | $                                             | —      |                                                                   
|Cash paid for taxes                                                      |  | $                                             | —      |                                                                   



See accompanying notes
to condensed unaudited financial statements

5





BRIDGEWAY ACQUISITION
CORP
..(A Development Stage Enterprise)

NOTES TO FINANCIAL STATEMENTS

As
of July 31, 2011 (UNAUDITED)



1.   ORGANIZATIONS AND DESCRIPTION
OF BUSINESS

Bridgeway Acquisition
Corp. (a development stage company) (the “Company”) was incorporated in the State of Delaware on October 22, 2010.
Since inception, the Company has been engaged primarily in organization efforts. The Company was formed as a vehicle to pursue
a business combination. The business purpose of the Company is to seek the acquisition of, or merger with, an operating company.

2.    SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited condensed
financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim
financial information and the rules and regulations of the Securities and Exchange Commission for interim financial
information. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted
in the United States of America for annual financial statements. However, the information included in these interim
financial statements reflects all adjustments (consisting solely of normal recurring adjustments) which are, in the opinion
of management, necessary for the fair presentation of the financial position and the results
of operations. Results shown for interim periods are not necessarily indicative of the results to be obtained for a full
year. These interim financial statements should be read in conjunction with the audited financial statement in the
Company’s Form 10 filed on December 15, 2010.



Development Stage Enterprise

TheCompany is considered to be in the development stage as defined by Financial Accounting Standards Board (“FASB”) Accounting
Standards Codification (“ASC”) 915-10-05. This standard requires companies to report their operations, shareholders
equity and cash flows from inception through the reporting date. The Company will continue to be reported as a development stage
entity until, among other factors, revenues are generated from management’s intended operations. Management has provided
financial data since inception (October 22, 2010).

Fiscal Year

The Company’s fiscal
year ends on October 31.

Cash and Cash Equivalents

The
Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.

Use of Estimates and
Assumptions

The
preparation of financial statements in conformity with accounting principles generally accepted in the United States of America
requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses
during the reporting period. Actual results could differ from those estimates.

6





Income Taxes

The Company uses the asset
and liability method of accounting for income taxes in accordance with ASC 740-10, “Accounting for Income Taxes.” Under
this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year; and, (ii)
deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial
statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets
and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date.
A valuation allowance is provided to reduce the deferred tax assets reported if, based on the weight of available positive and
negative evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized.

ASC 740-10 prescribes
a recognition threshold and measurement attribute for the financial statement recognition of a tax position taken or expected to
be taken on a tax return. Under ASC 740-10, a tax benefit from an uncertain tax position taken or expected to be taken may be recognized
only if it is “more likely than not” that the position is sustainable upon examination, based on its technical merits.
The tax benefit of a qualifying position under ASC 740-10 would equal the largest amount of tax benefit that is greater than 50%
likely of being realized upon ultimate settlement with a taxing authority having full knowledge of all the relevant information.
A liability (including interest and penalties, if applicable) is established to the extent a current benefit has been recognized
on a tax return for matters that are considered contingent upon the outcome of an uncertain tax position. Related interest and
penalties, if any, are included as components of income tax expense and income taxes payable.

Net Loss Per Share

Basic and diluted loss
per common share is computed on the basis of the weighted-average number of common shares outstanding during the period. There
were no potentially issuable common stock equivalents outstanding from inception (October 22, 2010) to July 31, 2011.

Recently Issued Accounting
Standards

We do not believe
that any recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying
financial statements.

3.   RELATED
PARTY TRANSACTIONS

During the third fiscal quarter of 10/31/2011
year end, the sole director and officer of the Company paid $3,241 for the Company’s legal, audit, filling fees, and general
and administrations expense on the Company’s behalf. The advance was unsecured, interest free and payable on demand.

4.   GOING
CONCERN

The Company is a development stage enterprise
with no operating history. It has not yet been able to develop and execute its business plan. The Company has no significant assets
or financial resources. The Company will sustain expenses without corresponding revenues until the consummation of a merger or
other business combination with a private company. The Company may not be able to identify a suitable business opportunity or consummate
a business combination, and any such business may not be profitable at the time of its acquisition by us or ever. This raises substantial
doubt about the Company’s ability to continue as a going concern.



The accompanying financial statements
have been prepared assuming that we will continue as a going concern.  As reflected in the accompanying financial statements,
we had a deficit accumulated during the development stage of $12,871 on July 31, 2011 and a net loss from operations of $8,371
for the nine months ended July 31, 2011.

While we attempt to commence operations
and generate revenues, our cash position may not be sufficient enough to support our daily operations. Management believes that
the actions presently being taken to further implement our business plan and generate revenues provide the opportunity for us to
continue as a going concern.  While we believe in the viability of our strategy to generate revenues and in our ability
to raise additional funds, there can be no assurances to that effect.  Our ability to continue as a going concern is
dependent upon our ability to further implement our business plan and generate revenues.

7





The financial statements do not include
any adjustments that might result from the outcome of any uncertainty as to the Company’s ability to continue as a going
concern.



5.    SEBSEQUENT
EVENTS



The Company’s sole officer advanced $2,000
to the Company for legal, audit, filing fees, general office and administrations, and cash needs on August 27, 2011. The loan is
at a simple annual interest rate of 5% and will be due on August 27, 2012.



Item 2.    Management’s
Discussion and Analysis of Financial Condition and Results of Operations.

Forward Looking Statement Notice

Certain statements made
in this Quarterly Report on Form 10-Q are “forward-looking statements” (within the meaning of the Private Securities
Litigation Reform Act of 1995) in regard to the plans and objectives of management for future operations. Such statements involve
known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of Bridgeway
Acquisition Corp. (“we”, “us”, “our” or the “Company”) to be materially different
from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking
statements included herein are based on current expectations that involve numerous risks and uncertainties. The Company’s
plans and objectives are based, in part, on assumptions involving the continued expansion of business. Assumptions relating to
the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future
business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of
the Company. Although the Company believes its assumptions underlying the forward-looking statements are reasonable, any of the
assumptions could prove inaccurate and, therefore, there can be no assurance the forward-looking statements included in this Quarterly
Report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included
herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the
objectives and plans of the Company will be achieved.

Description of
Business

The
Company was incorporated in the State of Delaware on October 22, 2010 and maintains its principal executive office at76
Lagoon Road, Belvedere, California. Since inception, the Company
has been engaged in organizational efforts and obtaining initial financing. The Company was formed as a vehicle to pursue a business
combination through the acquisition of, or merger with, an operating business. The Company filed a Registration Statement on Form
10 with the U.S. Securities and Exchange Commission (the “SEC”) on December 15, 2010. The Company, based on proposed
business activities, is a “blank check” company. The SEC defines those companies as “any development stage company
that is issuing a penny stock, within the meaning of Section 3(a)(51) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), and that has no specific business plan or purpose, or has indicated that its business plan is to
merge with an unidentified company or companies.” Many states have enacted statutes, rules and regulations limiting the
sale of securities of “blank check” companies in their respective jurisdictions. The Company is also a “shell
company,” defined in Rule 12b-2 under the Exchange Act as a company with no or nominal assets (other than cash) and no or
nominal operations. Management does not intend to undertake any efforts to cause a market to develop in our securities, either
debt or equity, until we have successfully concluded a business combination. The Company intends to comply with the periodic reporting
requirements of the Exchange Act for so long as we are subject to those requirements.

The Company was organized
as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages
of being a publicly held corporation. The Company’s principal business objective for the next 12 months and beyond such
time will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings.
The Company intends to seek a target company that is located in China. However, it will not restrict its potential candidate target
company to this geographic location or any other specific business or geographic location and, thus, may acquire any type of business
in any location.



8





Plan of Operations

The Company currently
does not engage in any business activities that provide cash flow. During the next twelve months we anticipate incurring costs
related to:

| |      |                                                          
| | ---- | ---------------------------------------------------------
| | (i)  | filing Exchange Act reports, and                         
| | (ii) | investigating, analyzing and consummating an acquisition.



As of the date of this
filing we have no funds in our treasury. The Company is in the development stage and has not earned any revenues from operations
to date. These conditions raise substantial doubt about our ability to continue as a going concern. We believe we will be able
to meet the costs we expect to incur, through deferral of fees by certain service providers and additional amounts, as necessary,
to be loaned to, invested in us or advanced to us by other investors and other third parties. Currently, however our ability to
continue as a going concern is dependent upon our ability to generate future profitable operations and/or to obtain the necessary
financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our ability
to continue as a going concern is also dependant on our ability to find a suitable target company and enter into a possible reverse
merger with such company. Management’s plan includes obtaining additional funds by equity financing through a reverse merger
transaction and/or third party advances, however there is no assurance of additional funding being available.

Our sole officer and director
has not had any preliminary contact with any representative of any other entity. Any target business that is selected may be a
financially unstable company or an entity in its early stages of development or growth, including entities without established
records of sales or earnings. In that event, we will be subject to numerous risks inherent in the business and operations of financially
unstable and early stage or potential emerging growth companies. In addition, we may effect a business combination with an entity
in an industry characterized by a high level of risk, and, although our management will endeavor to evaluate the risks inherent
in a particular target business, there can be no assurance that we will properly ascertain or assess all significant risks.

Our management anticipates
that it will likely be able to effect only one business combination, due primarily to our limited financing and the dilution of
interest for present and prospective stockholders, which is likely to occur as a result of our management’s plan to offer
a controlling interest to a target business in order to achieve a tax-free reorganization. This lack of diversification should
be considered a substantial risk in investing in us, because it will not permit us to offset potential losses from one venture
against gains from another.

The
Company anticipates that the selection of a business combination will be complex and extremely risky. Through industry publications
our management believes that there are numerous firms seeking the perceived benefits of becoming a publicly traded corporation.
Such perceived benefits of becoming a publicly traded corporation include, among other things, facilitating or improving the terms
on which additional equity financing may be obtained, providing liquidity for the principals of and investors in a business, creating
a means for providing incentive stock options or similar benefits to key employees, and offering greater flexibility in structuring
acquisitions, joint ventures and the like through the issuance of stock. Potentially available business combinations may occur
in many different industries and at various stages of development, all of which will make the task of comparative investigation
and analysis of such business opportunities extremely difficult and complex.

Results of Operations



For the three months
and nine months ending July 31, 2011, the Company had no revenues and incurred a net loss of $(2,401) and $(8,371), respectively,
comprised of legal, accounting and other fees incurred in relation tothe filing of the Company’s Registration Statement
on Form 10 filed in December 2010 and other SEC-related compliance matters.   There is no
comparable data for the prior fiscal year.



For the period from October 22, 2010 (inception)
through July 31, 2011, the Company had no activities that produced revenues from operations and had a net loss of $(12,871), due
to legal, accounting, audit and other professional service fees incurred in relation to the formation of the Company and the filing
of the Company’s Registration Statement on Form 10 filed in December 2010 and other SEC-related compliance matters.

9





Liquidity and Capital Resources



As of July 31, 2011, the Company had no assets
and had $4,871 current liabilities.



The following is a summary of the Company's
cash flows from operating, investing, and financing activities:



For the nine months ended July 31, 2011



|Operating activities |  | $ | — | 
|-------------------- |  | - | - | 
|Investing activities |  |   | — | 
|Financing activities |  | $ | — | 
|                     |  |   |   | 
|Net effect on cash   |  | $ | — | 



For the Cumulative Period from Inception (October
22, 2010) through July 31, 2011



|Operating activities |  | $ | (8,000 | )
|-------------------- |  | - | ------ | -
|Investing activities |  |   | —      |  
|Financing activities |  | $ | 8,000  |  
|                     |  |   |        |  
|Net effect on cash   |  | $ | —      |  



The Company has nominal assets and has generated
no revenues since inception. The Company is also dependent upon the receipt of capital investment or other financing to fund its
ongoing operations and to execute its business plan of seeking a combination with a private operating company. If continued funding
and capital resources are unavailable at reasonable terms, the Company may not be able to implement its plan of operations.



As reflected in the accompanying financial
statements, the Company is in the development stage with no operations have a net loss of $12,871 from inception, and used $8,000
cash in operations for the period from October 22, 2010 (inception) to July 31, 2011. This raises substantial doubt about its ability
to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability
to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might
be necessary if the Company is unable to continue as a going concern.

Management believes that actions presently being
taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going
concern.

Off-Balance Sheet Arrangements

The Company does not have any off-balance
sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition,
changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources
that is material to investors.

Contractual Obligations

As a “smaller reporting company”
as defined by Item 10 of Regulation S-K, the Company is not required to provide this information.

Item 3. Quantitative and Qualitative Disclosures
About Market Risk.

As a “smaller reporting company”
as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

10





Item 4. Controls and Procedures.

Evaluation of Disclosure Controls and
Procedures

We maintain disclosure controls and procedures
that are designed to ensure that information required to be disclosed in our reports filed pursuant to the Exchange Act is recorded,
processed, summarized and reported within the time periods specified in the SEC’s rules, regulations and related forms, and
that such information is accumulated and communicated to our principal executive officer and principal financial officer, as appropriate,
to allow timely decisions regarding required disclosure.

As of July 31, 2011, we carried out an
evaluation, under the supervision and with the participation of our principal executive officer and our principal financial officer
of the effectiveness of the design and operation of our disclosure controls and procedures. Based on this evaluation, our principal
executive officer and our principal financial officer concluded that our disclosure controls and procedures were effective as of
the end of the period covered by this report.

Changes in Internal Controls

There have been no changes in our internal
controls over financial reporting during the quarter ended July 31, 2011 that have materially affected or are reasonably likely
to materially affect our internal controls.

PART II —
OTHER INFORMATION

Item 1. Legal Proceedings.

To the best knowledge of our sole officer
and director, there are presently no material pending legal proceedings to which the Company, any executive officer, any owner
of record or beneficially of more than five percent of any class of voting securities is a party or as to which any of its property
is subject, and no such proceedings are known to the Company to be threatened or contemplated against it.

Item 1A. Risk Factors.

As a “smaller reporting company”
as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item.

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

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Removed and Reserved.

Item 5. Other Information.

None.

11





Item 6. Exhibits.

(a) Exhibits required by Item 601 of Regulation
S-K.

|        |  |                                                                                                                                                                                                                          
|------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit |  | Description                                                                                                                                                                                                              
|        |  |                                                                                                                                                                                                                          
|*3.1    |  | Certificate of Incorporation, as filed with the Delaware Secretary of State on October 22, 2010.                                                                                                                         
|        |  |                                                                                                                                                                                                                          
|*3.2    |  | By-Laws.                                                                                                                                                                                                                 
|        |  |                                                                                                                                                                                                                          
|31.1    |  | Certification of the Company’s Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended July 31, 2011.
|        |  |                                                                                                                                                                                                                          
|31.2    |  | Certification of the Company’s Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly Report on Form 10-Q for the quarter ended July 31, 2011.
|        |  |                                                                                                                                                                                                                          
|32.1    |  | Certification of the Company’s Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                                                     
|        |  |                                                                                                                                                                                                                          
|32.2    |  | Certification of the Company’s Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                                                     



|  |                                                                                                                                                              
|- | -------------------------------------------------------------------------------------------------------------------------------------------------------------
|* | Filed as an exhibit to the Company’s Registration Statement on Form 10, as filed with the SEC on December 15, 2010 and incorporated herein by this reference.



12





SIGNATURES

Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.

|                         | BRIDGEWAY ACQUISITION CORP.                                                          
|------------------------ | -------------------------------------------------------------------------------------
|                         |                                                                                      
|Date: September 14, 2011 | By:                                                                                  
|                         | Name: Keri B. Bosch
        Title: President, Secretary, Treasurer, and Sole Director



13