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Oxley Bridge Acquisition Limited Completes $253 Million Initial Public Offering

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Oxley Bridge Acquisition Limited (NASDAQ:OBA) has successfully completed its $253 million initial public offering, pricing 25.3 million units at $10.00 per unit. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with whole warrants exercisable at $11.50 per share.

The company is a blank check company focused on pursuing merger or acquisition opportunities in global consumer and technology sectors with disruptive growth potential, particularly targeting operations in Asia (excluding China, Hong Kong, and Macau). The management team is led by CEO Jonathan Lin and CFO Gary Chan.

Trading commenced on June 25, 2025, under the symbol 'OBAWU', with the entire IPO proceeds of $253 million placed in trust.

Oxley Bridge Acquisition Limited (NASDAQ:OBA) ha completato con successo la sua offerta pubblica iniziale da 253 milioni di dollari, collocando 25,3 milioni di unità a 10,00 dollari per unità. Ogni unità comprende un'azione ordinaria di Classe A e metà di un warrant rimborsabile, con i warrant interi esercitabili a 11,50 dollari per azione.

L'azienda è una società di acquisizione a scopo speciale focalizzata sulla ricerca di opportunità di fusione o acquisizione nei settori globali dei consumatori e della tecnologia con potenziale di crescita innovativa, con particolare attenzione alle operazioni in Asia (esclusi Cina, Hong Kong e Macao). Il team di gestione è guidato dal CEO Jonathan Lin e dal CFO Gary Chan.

Le negoziazioni sono iniziate il 25 giugno 2025, con il simbolo 'OBAWU', e l'intero ricavato dell'IPO di 253 milioni di dollari è stato posto in trust.

Oxley Bridge Acquisition Limited (NASDAQ:OBA) ha completado con éxito su oferta pública inicial de 253 millones de dólares, fijando un precio de 25,3 millones de unidades a 10,00 dólares por unidad. Cada unidad consta de una acción ordinaria Clase A y la mitad de un warrant redimible, con warrants completos ejercitables a 11,50 dólares por acción.

La compañía es una empresa de cheque en blanco enfocada en buscar oportunidades de fusión o adquisición en los sectores globales de consumo y tecnología con potencial de crecimiento disruptivo, apuntando especialmente a operaciones en Asia (excluyendo China, Hong Kong y Macao). El equipo directivo está liderado por el CEO Jonathan Lin y el CFO Gary Chan.

La negociación comenzó el 25 de junio de 2025 bajo el símbolo 'OBAWU', con la totalidad de los ingresos de la OPI de 253 millones de dólares depositados en fideicomiso.

Oxley Bridge Acquisition Limited (NASDAQ:OBA)2억 5,300만 달러 규모의 기업공개(IPO)를 성공적으로 마무리했으며, 2,530만 단위를 단위당 10.00달러에 가격을 책정했습니다. 각 단위는 클래스 A 보통주 1주와 절반의 상환 가능 워런트 1개로 구성되며, 전체 워런트는 주당 11.50달러에 행사할 수 있습니다.

이 회사는 스팩(Blank Check Company)으로, 아시아(중국, 홍콩, 마카오 제외) 내에서 특히 혁신적 성장 잠재력을 가진 글로벌 소비재 및 기술 분야의 합병 또는 인수 기회를 추구하는 데 중점을 두고 있습니다. 경영진은 CEO 조나단 린과 CFO 게리 찬이 이끌고 있습니다.

거래는 2025년 6월 25일 'OBAWU'라는 심볼로 시작되었으며, IPO로 조달된 2억 5,300만 달러 전액은 신탁 계좌에 예치되었습니다.

Oxley Bridge Acquisition Limited (NASDAQ:OBA) a réussi son offre publique initiale de 253 millions de dollars, en fixant le prix de 25,3 millions d'unités à 10,00 dollars par unité. Chaque unité comprend une action ordinaire de classe A et une demi-bonne de souscription remboursable, les bons entiers étant exerçables à 11,50 dollars par action.

La société est une société à chèque en blanc qui se concentre sur la recherche d'opportunités de fusion ou d'acquisition dans les secteurs mondiaux de la consommation et de la technologie à fort potentiel de croissance disruptive, en ciblant particulièrement les opérations en Asie (à l'exclusion de la Chine, de Hong Kong et de Macao). L'équipe de direction est dirigée par le PDG Jonathan Lin et le directeur financier Gary Chan.

Les échanges ont débuté le 25 juin 2025 sous le symbole 'OBAWU', avec l'intégralité des produits de l'IPO, soit 253 millions de dollars, placée en fiducie.

Oxley Bridge Acquisition Limited (NASDAQ:OBA) hat erfolgreich sein Initial Public Offering (IPO) in Höhe von 253 Millionen US-Dollar abgeschlossen und 25,3 Millionen Einheiten zu je 10,00 US-Dollar pro Einheit begeben. Jede Einheit besteht aus einer Stammaktie der Klasse A und einer halben einlösbaren Option, wobei ganze Optionen zu 11,50 US-Dollar pro Aktie ausgeübt werden können.

Das Unternehmen ist eine Blankoscheckgesellschaft, die sich auf die Suche nach Fusionen oder Übernahmen in den globalen Konsum- und Technologiesektoren mit disruptivem Wachstumspotenzial konzentriert, wobei der Fokus besonders auf Operationen in Asien (ohne China, Hongkong und Macau) liegt. Das Managementteam wird von CEO Jonathan Lin und CFO Gary Chan geleitet.

Der Handel begann am 25. Juni 2025 unter dem Symbol 'OBAWU', wobei der gesamte IPO-Erlös von 253 Millionen US-Dollar treuhänderisch verwahrt wird.

Positive
  • Successfully raised $253 million through IPO with full exercise of over-allotment option
  • Strategic focus on high-growth Asian markets excluding China
  • Targeting disruptive technology and consumer sectors
  • 100% of IPO proceeds ($253M) placed in trust for future acquisition
Negative
  • No specific acquisition target identified yet
  • Investment depends on management's ability to identify and execute suitable business combination
  • Shareholders face uncertainty until successful business combination is completed

Insights

Oxley Bridge SPAC raises $253M in IPO with strong demand signaled by full exercise of over-allotment option.

Oxley Bridge Acquisition Limited has successfully completed its $253 million IPO through the sale of 25.3 million units priced at $10.00 each. The strong initial investor interest is evidenced by underwriters exercising their full over-allotment option of 3.3 million additional units.

The SPAC's structure follows the standard blank check company format, with each unit comprising one Class A ordinary share and one-half of a redeemable warrant. Each whole warrant allows holders to purchase a share at $11.50. As is customary with SPACs, the entire $253 million has been placed in trust pending identification of an acquisition target.

What distinguishes this SPAC is its clearly defined geographic and sector focus. The company aims to target businesses in global consumer and technology sectors with disruptive growth potential through technology, specifically targeting companies that can benefit from operations in Asia while explicitly excluding mainland China, Hong Kong, and Macau from its investment scope.

This strategic focus on emerging Asian markets outside China represents a targeted approach in the current SPAC landscape. The management team is led by Jonathan Lin as CEO/Chairman and Gary Chan as CFO, with the single book-runner being Cantor Fitzgerald & Co., a well-established investment bank with significant SPAC experience.

The units began trading on Nasdaq under "OBAWU" on June 25, with the component securities expected to eventually trade separately under "OBA" (shares) and "OBAWW" (warrants) once the units split.

Vancouver, BC, June 26, 2025 (GLOBE NEWSWIRE) -- Oxley Bridge Acquisition Limited (the “Company”) announced today the closing of its initial public offering of 25,300,000 units, which includes 3,300,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $253,000,000.

The Company’s units began trading on June 25, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “OBAWU.” Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share, subject to certain adjustment. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “OBA” and “OBAWW,” respectively.

Of the proceeds received from the consummation of the initial public offering (including the exercise of the over-allotment option) and a simultaneous private placement of warrants, $253,000,000 (or $10.00 per unit sold in the offering) was placed in trust.

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. acted as sole book-running manager for the offering.

A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) 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 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.” No assurance can be given that the net proceeds of the offering will be used as indicated. 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 Contact:

Oxley Bridge Acquisition Limited
Jonathan Lin
ir@oxleybridgeacquisition.com


FAQ

How much did Oxley Bridge Acquisition (NASDAQ:OBA) raise in its IPO?

Oxley Bridge Acquisition raised $253 million by selling 25.3 million units at $10.00 per unit, including the full exercise of the underwriters' over-allotment option.

What is the structure of Oxley Bridge Acquisition's IPO units?

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant allows purchase of one Class A ordinary share at $11.50 per share.

What is Oxley Bridge Acquisition's business focus?

The company is a blank check company seeking to acquire businesses in global consumer and technology sectors with disruptive growth potential, focusing on operations in Asia (excluding China, Hong Kong, and Macau).

What are the trading symbols for Oxley Bridge Acquisition?

The units currently trade as 'OBAWU' on Nasdaq. Once securities separate, shares and warrants will trade as 'OBA' and 'OBAWW' respectively.

Who leads Oxley Bridge Acquisition's management team?

The company is led by Jonathan Lin as CEO and Chairman of the Board, and Gary Chan as Chief Financial Officer.
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