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Oxley Bridge Acquisition Limited Completes $253 Million Initial Public Offering
Globenewswireยท2025-06-26 20:00

Group 1 - The Company, Oxley Bridge Acquisition Limited, closed its initial public offering (IPO) of 25,300,000 units, raising gross proceeds of $253,000,000 at a price of $10.00 per unit [1][3] - The units began trading on Nasdaq under the ticker symbol "OBAWU" on June 25, 2025, with each unit consisting of one Class A ordinary share and one-half of a redeemable warrant [2] - The Company is a blank check company aimed at pursuing mergers or acquisitions, focusing on global consumer and technology sectors with disruptive growth potential, particularly in Asia, excluding China, Hong Kong, and Macau [4] Group 2 - The management team is led by Jonathan Lin as CEO and Chairman, with Gary Chan as CFO, and includes other board members such as Norma Chu and Enrique Gonzalez [5] - Cantor Fitzgerald & Co. acted as the sole book-running manager for the IPO [5] - A registration statement for the securities was declared effective by the SEC on June 24, 2025 [6]