Workflow
Oxley Bridge Acquisition Limited Announces the Pricing of $220,000,000 Initial Public Offering
Globenewswire·2025-06-24 21:25

Company Overview - Oxley Bridge Acquisition Limited is a blank check company formed to pursue mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2] - The company aims to identify acquisition opportunities globally, focusing on the consumer and technology sectors with disruptive growth potential, particularly in Asia, excluding the People's Republic of China, Hong Kong, and Macau [2] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 22,000,000 units at a price of $10.00 per unit, with trading expected to begin on June 25, 2025, under the ticker symbol "OBAWU" [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on June 26, 2025, subject to customary closing conditions, and underwriters have a 45-day option to purchase an additional 3,300,000 units at the IPO price to cover over-allotments [1] Management Team - The management team is led by Jonathan Lin as Chief Executive Officer and Chairman of the Board, with Gary Chan serving as Chief Financial Officer [3] - The Board of Directors includes members Norma Chu, Enrique Gonzalez, Gan Wee Leong, and Jack Cho [3] Offering Process - The offering is being conducted solely through a prospectus, which will be available from Cantor Fitzgerald & Co. and the SEC's website [4] - A registration statement for the securities has been filed with the U.S. Securities and Exchange Commission and became effective on June 24, 2025 [5]