Company Overview - Newbridge Acquisition Limited is a blank check company incorporated in the British Virgin Islands, aiming to engage in mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations with various businesses or entities [5] Initial Public Offering (IPO) Details - The company has priced its initial public offering at $10.00 per unit, offering a total of 5,000,000 units [1] - Each unit consists of one Class A ordinary share and one right, with each right entitling the holder to receive one-eighth (1/8) of a Class A ordinary share upon the completion of an initial business combination [1] - The offering is expected to close on February 2, 2026, subject to customary closing conditions [2] - The underwriters have a 45-day option to purchase up to an additional 750,000 units to cover over-allotments [2] Trading Information - The units are expected to be listed on the NASDAQ Capital Market under the ticker symbol "NBRGU" starting January 30, 2026 [1] - Once the units begin separate trading, the Class A ordinary shares and rights will be listed under the symbols "NBRG" and "NBRGR," respectively [1] Regulatory Information - A registration statement for these securities was declared effective by the SEC on September 30, 2025, with a post-effective amendment effective on December 18, 2025 [3]
Newbridge Acquisition Limited Announces Pricing of $50 Million Initial Public Offering
Globenewswire·2026-01-29 23:00