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Newbridge Acquisition (Nasdaq:NBRG) will allow separate trading of its Class A ordinary shares and rights starting March 23, 2026. Each right equals one-eighth of one Class A ordinary share upon an initial business combination; no fractional rights will be issued.
Separated Class A shares will trade under NBRG, separated rights under NBRGR, and unsplit units will remain under NBRGU. Holders must instruct brokers to contact the transfer agent, VStock Transfer LLC, to separate units. Relevant SEC registration amendments were declared effective in 2025.
Newbridge Acquisition (NASDAQ: NBRGU / expected NBRG) closed a $57.5 million initial public offering of 5,750,000 units at $10.00 per unit on Feb 2, 2026, including the 750,000‑unit overallotment option.
Each unit comprises one Class A ordinary share and one right; each right converts to one‑eighth of a share upon consummation of an initial business combination. Units began trading on NASDAQ Capital Market under NBRGU on Jan 30, 2026; separate listing of shares and rights is expected under NBRG and NBRGR.