Newbridge director reports 1,038,750 Class B stake

Newbridge Acquisition Limited director and 10% owner Jining Li filed an initial statement of beneficial ownership.

Rhea-AI Filing Summary

Newbridge Acquisition Limited director and 10% owner Jining Li filed an initial statement of beneficial ownership. The filing reports 1,038,750 Class B ordinary shares held by Wealth Path Holdings Limited, the sponsor entity over which Li and Yongsheng Liu share voting and investment discretion.

These Class B ordinary shares automatically convert into Class A ordinary shares on a one-for-one basis at the time of Newbridge Acquisition Limited’s initial business combination, or earlier at the holder’s option, subject to adjustments. Li may be deemed a beneficial owner through this indirect interest and disclaims ownership except to the extent of his pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Li Jining

Role Director, 10% Owner

Type	Security	Shares	Price	Value
holding	Class B ordinary shares	--	--	--

Holdings After Transaction: Class B ordinary shares — 1,038,750 contracts (Indirect, See Footnote)

Footnotes (2)

1. F1. As described in the registration statement on Form S-1 (File No. 333-289966) of Newbridge Acquisition Limited (the "Issuer") under the heading "Description of Securities--Founder Shares," Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments.
2. F2. Represents 1,038,750 Class B ordinary shares held by Wealth Path Holdings Limited (the "Sponsor"), over which Jining Li and Yongsheng Liu jointly have voting and investment discretion. As such, Jining Li and Yongsheng Liu may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Jining Li disclaims any beneficial ownership except to the extent of his pecuniary interest therein.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Newbridge Acquisition (NBRGU) Form 3 filing disclose?

The Form 3 shows director and 10% owner Jining Li’s indirect interest in 1,038,750 Class B ordinary shares held by Wealth Path Holdings Limited, the sponsor, with shared voting and investment discretion alongside Yongsheng Liu.

How many Newbridge Acquisition Class B shares are reported for Jining Li?

The filing reports 1,038,750 Class B ordinary shares indirectly tied to Jining Li. These shares are held of record by Wealth Path Holdings Limited, with Li’s beneficial ownership limited to his pecuniary interest under the disclosed arrangement.

Who actually holds the Newbridge Acquisition Class B shares in the Form 3?

The 1,038,750 Class B ordinary shares are held by Wealth Path Holdings Limited, described as the sponsor. Jining Li and Yongsheng Liu jointly have voting and investment discretion over this sponsor-held position, creating indirect beneficial ownership for them.

How do Newbridge Acquisition Class B shares convert into Class A shares?

Class B ordinary shares automatically convert into Class A ordinary shares on a one-for-one basis at Newbridge Acquisition Limited’s initial business combination, or earlier at the holder’s option, with the conversion subject to certain specified adjustments.

What ownership does Jining Li disclaim in the Newbridge (NBRGU) Form 3?

Jining Li disclaims beneficial ownership of the 1,038,750 Class B ordinary shares held by Wealth Path Holdings Limited, except to the extent of his pecuniary interest in those securities under the sponsor structure described.

What roles does Jining Li have at Newbridge Acquisition Ltd (NBRGU)?

The Form 3 identifies Jining Li as both a director and a 10% owner of Newbridge Acquisition Limited. His reported stake arises indirectly through sponsor-held Class B ordinary shares with shared voting and investment discretion.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/29/2026 - 08:37 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Li Jining

(Last) (First) (Middle)

C/O NEWBRIDGE ACQUISITION LIMITED

UNIT B, 17/F, SUCCESS COMM BLDG, WANCHAI

(Street)

HONG KONG F4 00000

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/29/2026

3. Issuer Name and Ticker or Trading Symbol
Newbridge Acquisition Ltd [ NBRG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B ordinary shares	(1)	(1)	Class A ordinary shares	1,038,750	(1)	I	See Footnote(2)

Explanation of Responses:

1. As described in the registration statement on Form S-1 (File No. 333-289966) of Newbridge Acquisition Limited (the "Issuer") under the heading "Description of Securities--Founder Shares," Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments.

2. Represents 1,038,750 Class B ordinary shares held by Wealth Path Holdings Limited (the "Sponsor"), over which Jining Li and Yongsheng Liu jointly have voting and investment discretion. As such, Jining Li and Yongsheng Liu may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Jining Li disclaims any beneficial ownership except to the extent of his pecuniary interest therein.

	/s/ Jining Li	01/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.