Here are the 10-Q quarterly reports from Newbridge Acquisition Limited Unit (NBRGU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NBRGU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NBRGU filings page.
Newbridge Acquisition Limited is a SPAC that completed its IPO on February 2, 2026, selling 5,750,000 units at $10.00 each for gross proceeds of $57.5 million. As of June 30, 2026, total assets were $59.9 million, including $58.3 million of cash and marketable securities held in a Trust Account. There are 5,750,000 Class A ordinary shares classified as subject to redemption at $9.29 per share, totaling $53.4 million.
For the six months ended June 30, 2026, the company reported net income of $385,352, driven by $785,569 of income earned on trust investments, offset by $400,217 of general and administrative expenses. Newbridge had a working capital deficit of $690,733 and owed its sponsor $2,208,521 under a non‑interest‑bearing promissory note. Management disclosed substantial doubt about the company’s ability to continue as a going concern because it has only 15 months from the IPO closing (extendable to 21 months) to complete a business combination or liquidate. On August 3, 2026, Newbridge entered into a Business Combination Agreement to merge with Startech Group Inc., under which Startech equityholders would receive shares valued at $1.0 billion at $10.00 per share, subject to shareholder approvals and other customary closing conditions.
Newbridge Acquisition Limited, a SPAC based in the British Virgin Islands, completed its IPO on February 2, 2026, selling 5,750,000 units at $10.00 each plus 186,250 private units, raising gross proceeds of $57.5 million and $1.86 million, respectively. As of March 31, 2026, $57,806,561 was invested in a trust account, while cash outside the trust was $1,846,192 and total assets were $59,652,753.
The company reported Q1 2026 net income of $95,982, driven by $306,561 of interest on trust investments offset by $210,579 of general and administrative expenses. Newbridge has a working capital deficit of $501,095 and $52,163,181 of ordinary shares classified as redeemable. Management discloses substantial doubt about the company’s ability to continue as a going concern if it cannot complete a business combination within 15 months from the IPO closing, extendable up to 21 months.