Oxley Bridge Acquisition Limited Announces the Pricing of $220,000,000 Initial Public Offering
Oxley Bridge Acquisition Limited (NASDAQ: OBA) has announced the pricing of its $220 million initial public offering, consisting of 22 million units at $10.00 per unit. Each unit includes one Class A ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share.
Trading will commence on June 25, 2025 under symbol "OBAWU" on Nasdaq, with the shares and warrants later trading separately as "OBA" and "OBAWW". The company is a blank check company targeting global consumer and technology sectors with disruptive growth potential in Asia (excluding China, Hong Kong, and Macau).
The IPO, managed by Cantor Fitzgerald & Co., includes a 45-day over-allotment option for an additional 3.3 million units.
Oxley Bridge Acquisition Limited (NASDAQ: OBA) ha annunciato il prezzo della sua offerta pubblica iniziale da 220 milioni di dollari, composta da 22 milioni di unità a 10,00 dollari per unità. Ogni unità comprende un'azione ordinaria di Classe A e mezza warrant rimborsabile, con warrant interi esercitabili a 11,50 dollari per azione.
Le negoziazioni inizieranno il 25 giugno 2025 con il simbolo "OBAWU" sul Nasdaq, mentre successivamente azioni e warrant saranno quotati separatamente come "OBA" e "OBAWW". La società è una blank check company che punta ai settori globali dei consumatori e della tecnologia con potenziale di crescita disruptive in Asia (esclusi Cina, Hong Kong e Macao).
L'IPO, gestita da Cantor Fitzgerald & Co., include un'opzione di sovrallocazione di 45 giorni per ulteriori 3,3 milioni di unità.
Oxley Bridge Acquisition Limited (NASDAQ: OBA) ha anunciado el precio de su oferta pública inicial de 220 millones de dólares, compuesta por 22 millones de unidades a 10,00 dólares por unidad. Cada unidad incluye una acción ordinaria Clase A y medio warrant redimible, con warrants completos ejercitables a 11,50 dólares por acción.
La negociación comenzará el 25 de junio de 2025 bajo el símbolo "OBAWU" en Nasdaq, y posteriormente las acciones y warrants se negociarán por separado como "OBA" y "OBAWW". La compañía es una blank check company que apunta a los sectores globales de consumo y tecnología con potencial de crecimiento disruptivo en Asia (excluyendo China, Hong Kong y Macao).
La IPO, gestionada por Cantor Fitzgerald & Co., incluye una opción de sobreasignación de 45 días para 3,3 millones de unidades adicionales.
Oxley Bridge Acquisition Limited (NASDAQ: OBA)는 2억 2천만 달러 규모의 기업공개(IPO) 가격을 발표했으며, 단가는 단위당 10.00달러로 2,200만 단위로 구성되어 있습니다. 각 단위에는 클래스 A 보통주 1주와 0.5개의 상환 가능한 워런트가 포함되며, 전체 워런트는 주당 11.50달러에 행사할 수 있습니다.
거래는 2025년 6월 25일부터 나스닥에서 "OBAWU" 심볼로 시작되며, 이후 주식과 워런트는 각각 "OBA"와 "OBAWW"로 별도 거래됩니다. 이 회사는 중국, 홍콩, 마카오를 제외한 아시아 지역의 글로벌 소비자 및 기술 분야에서 혁신적 성장 잠재력을 가진 블랭크 체크 회사입니다.
이번 IPO는 Cantor Fitzgerald & Co.가 주관하며, 45일간 330만 단위 추가 배정 옵션이 포함되어 있습니다.
Oxley Bridge Acquisition Limited (NASDAQ : OBA) a annoncé le prix de son offre publique initiale de 220 millions de dollars, composée de 22 millions d’unités à 10,00 dollars par unité. Chaque unité comprend une action ordinaire de classe A et un demi-warrant remboursable, les warrants entiers étant exerçables à 11,50 dollars par action.
La cotation débutera le 25 juin 2025 sous le symbole « OBAWU » sur le Nasdaq, les actions et warrants étant ensuite négociés séparément sous les symboles « OBA » et « OBAWW ». La société est une société à chèque en blanc ciblant les secteurs mondiaux de la consommation et de la technologie avec un potentiel de croissance disruptive en Asie (hors Chine, Hong Kong et Macao).
L’IPO, gérée par Cantor Fitzgerald & Co., comprend une option de surallocation de 45 jours pour 3,3 millions d’unités supplémentaires.
Oxley Bridge Acquisition Limited (NASDAQ: OBA) hat die Preisfestsetzung seines 220 Millionen US-Dollar umfassenden Börsengangs bekannt gegeben, der aus 22 Millionen Einheiten zu je 10,00 US-Dollar pro Einheit besteht. Jede Einheit umfasst eine Stammaktie der Klasse A und eine halbe rückzahlbare Warrant, wobei ganze Warrants zu 11,50 US-Dollar pro Aktie ausübbar sind.
Der Handel beginnt am 25. Juni 2025 unter dem Symbol "OBAWU" an der Nasdaq, wobei die Aktien und Warrants später separat unter den Symbolen "OBA" und "OBAWW" gehandelt werden. Das Unternehmen ist eine Blankoscheckfirma, die auf globale Konsum- und Technologiesektoren mit disruptivem Wachstumspotenzial in Asien (ohne China, Hongkong und Macau) abzielt.
Das IPO, das von Cantor Fitzgerald & Co. betreut wird, beinhaltet eine 45-tägige Mehrzuteilungsoption für weitere 3,3 Millionen Einheiten.
- Substantial IPO size of $220 million demonstrates strong initial capital base
- Strategic focus on high-growth Asian markets excluding China
- Experienced management team with regional expertise
- 45-day over-allotment option could increase total proceeds by $33 million
- No specific target business identified yet
- Blank check company structure carries inherent investment risks
- Warrants may cause future dilution for shareholders
Insights
Oxley Bridge's $220M SPAC IPO brings a new Asia-focused acquisition vehicle to market with standard SPAC terms but faces a challenging environment.
Oxley Bridge Acquisition Limited has priced its SPAC IPO at
The company's focus on "global consumer and technology sectors with disruptive growth potential through the use of technology that can benefit from operations in Asia" indicates a targeted approach rather than a broad mandate. Notably, they've explicitly excluded China, Hong Kong, and Macau from their target geography, likely responding to increased regulatory concerns and investor wariness around Chinese assets.
The management team appears to have Asian business connections, with CEO Jonathan Lin leading a team that includes members with diverse backgrounds. Cantor Fitzgerald serving as the sole book-runner suggests a more streamlined underwriting approach than SPACs with multiple banks involved.
The 45-day over-allotment option of
Vancouver, BC, June 24, 2025 (GLOBE NEWSWIRE) -- Oxley Bridge Acquisition Limited (the “Company”) announced today the pricing of its initial public offering of 22,000,000 units at a price of
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution. The Company’s primary focus, however, will be to search globally for a target with operations or prospects focusing on global consumer and technology sectors with disruptive growth potential through the use of technology that can benefit from operations in Asia, excluding the People’s Republic of China, Hong Kong and Macau.
The Company’s management team is led by Jonathan Lin, its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), and Gary Chan, its Chief Financial Officer. The Board also includes Norma Chu, Enrique Gonzalez, Gan Wee Leong, and Jack Cho.
Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, New York, New York 10022, or by email at prospectus@cantor.com,or by accessing the SEC’s website, www.sec.gov.
A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on June 24, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the expected closing of the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.
Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Contacts
Oxley Bridge Acquisition Limited
Jonathan Lin
jonathan.lin@l2capm.com
(778)-653-3584
FAQ
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