Newbridge Acquisition Limited received an amended Schedule 13G reporting that CVI Investments, Inc. and its investment manager, Heights Capital Management, Inc., together report beneficial ownership of 300,000 Class A Ordinary Shares. Based on the company’s Form 10-Q indicating 6,108,750 Shares outstanding, this represents 4.9% of the class, placing the reporting group below the 5% threshold for larger holders. All 300,000 shares are reported with shared voting and dispositive power and no sole voting or dispositive power. Heights Capital Management, Inc. may be deemed to share voting and dispositive power as investment manager to CVI Investments, Inc., but each reporting person disclaims beneficial ownership beyond its pecuniary interest. The filing confirms ownership of 5% or less of the class and is signed on behalf of both entities by an authorized officer of Heights Capital Management, Inc.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:300,000 sharesPercent of class owned:4.9%Shares outstanding:6,108,750 shares+2 more
5 metrics
Shares beneficially owned300,000 sharesClass A Ordinary Shares reported by CVI Investments, Inc. and Heights Capital Management, Inc.
Percent of class owned4.9%Percentage of Newbridge Acquisition Limited Class A Ordinary Shares outstanding
Shares outstanding6,108,750 sharesClass A Ordinary Shares outstanding per the company’s Form 10-Q referenced in the filing
Shared voting power300,000 sharesShares over which the reporting persons have shared power to vote or direct the vote
Shared dispositive power300,000 sharesShares over which the reporting persons have shared power to dispose or direct disposition
Key Terms
beneficial owner, shared voting power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficial ownerfinancial
"may be deemed to be the beneficial owner of all Shares owned"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting powerfinancial
"6 | Shared Voting Power 300,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Sole Dispositive Powerfinancial
"7 | Sole Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13Gregulatory
"The Company's Quarterly Report on Form 10-Q, filed on May 11, 2026, indicates"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
pecuniary interestfinancial
"disclaims any beneficial ownership of any such Shares, except for their pecuniary interest"
FAQ
What percentage of Newbridge Acquisition (NBRG) does CVI Investments report owning?
CVI Investments, Inc. and Heights Capital Management, Inc. report beneficial ownership of 4.9% of Newbridge Acquisition’s Class A Ordinary Shares, based on 6,108,750 shares outstanding as referenced from the company’s Form 10-Q.
How many Newbridge Acquisition (NBRG) shares are beneficially owned by the reporting persons?
The reporting persons disclose beneficial ownership of 300,000 Class A Ordinary Shares of Newbridge Acquisition Limited, all subject to shared voting and dispositive power and zero shares under sole voting or dispositive power.
Who are the reporting persons in this Newbridge Acquisition (NBRG) Schedule 13G/A?
The Schedule 13G/A is filed jointly by CVI Investments, Inc. and Heights Capital Management, Inc.. Heights Capital Management, Inc. serves as investment manager to CVI Investments, Inc. and may exercise voting and dispositive power over the reported shares.
Does Heights Capital Management directly own Newbridge Acquisition (NBRG) shares?
Heights Capital Management, Inc. may be deemed the beneficial owner of the 300,000 shares as investment manager to CVI Investments, Inc., but each reporting person disclaims beneficial ownership of such shares except for its pecuniary interest.
What does the filing say about ownership of 5 percent or less of Newbridge Acquisition (NBRG)?
The Schedule 13G/A states that the reporting persons’ holdings represent 4.9% of the class, and explicitly confirms ownership of 5 percent or less of Newbridge Acquisition Limited’s Class A Ordinary Shares.
How many Newbridge Acquisition (NBRG) shares are outstanding according to this filing?
The filing cites Newbridge Acquisition Limited’s Form 10-Q, which indicates there were 6,108,750 Class A Ordinary Shares outstanding as of the date referenced in that quarterly report used for the ownership percentage calculation.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Newbridge Acquisition Limited
(Name of Issuer)
Class A Ordinary Shares, no par value
(Title of Class of Securities)
G6464L110
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G6464L110
1
Names of Reporting Persons
CVI Investments, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
300,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
300,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
300,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.
SCHEDULE 13G
CUSIP Number(s):
G6464L110
1
Names of Reporting Persons
Heights Capital Management, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
300,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
300,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
300,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Newbridge Acquisition Limited
(b)
Address of issuer's principal executive offices:
Unit B 17/F, Success Commercial Building, 245-25, Hennessy Road, Wanchai, Hong Kong
Item 2.
(a)
Name of person filing:
This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons," with respect to the Class A Ordinary Shares of Newbridge Acquisition Limited (the "Company"), no par value (the "Shares").
(i) CVI Investments, Inc.
(ii) Heights Capital Management, Inc.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of CVI Investments, Inc. is:
P.O. Box 309GT
Ugland House
South Church Street
George Town
Grand Cayman
KY1-1104
Cayman Islands
The address of the principal business office of Heights Capital Management, Inc. is:
101 California Street, Suite 3250
San Francisco, California 94111
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Class A Ordinary Shares, no par value
(e)
CUSIP No.:
G6464L110
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
The Company's Quarterly Report on Form 10-Q, filed on May 11, 2026, indicates there were 6,108,750 Shares outstanding as of the date of such filing.
(b)
Percent of class:
4.9 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
CVI Investments, Inc.
Signature:
/s/ Sarah Travis
Name/Title:
Sarah Travis, Assistant General Counsel and Assistant Secretary of Heights Capital Management, Inc.
Date:
08/14/2026
Heights Capital Management, Inc.
Signature:
/s/ Sarah Travis
Name/Title:
Sarah Travis, Assistant General Counsel and Assistant Secretary
Date:
08/14/2026
Comments accompanying signature: Heights Capital Management, Inc. serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney, a copy of which was previously filed.
Exhibit Information
EXHIBIT INDEX
EXHIBIT DESCRIPTION
24 Limited Power of Attorney*
99 Joint Filing Agreement*
* Previously filed
