Newbridge CFO discloses 50,000 Class B shares
Newbridge Acquisition Ltd’s Chief Financial Officer, Li Zhen, has filed an initial Form 3 disclosing beneficial ownership of Class B ordinary shares.
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Rhea-AI Filing Summary
Newbridge Acquisition Ltd’s Chief Financial Officer, Li Zhen, has filed an initial Form 3 disclosing beneficial ownership of Class B ordinary shares. The filing shows direct ownership of 50,000 Class B shares.
These Class B shares will automatically convert into Class A ordinary shares on a one-for-one basis at the time of Newbridge’s initial business combination, or earlier at the holder’s option, subject to certain adjustments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class B ordinary shares | -- | -- | -- |
Footnotes (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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Newbridge Acquisition Ltd (NBRGU) Form 3 disclose about Li Zhen?
Is Li Zhen’s ownership in Newbridge Acquisition Ltd (NBRGU) direct or indirect?
What triggers the Form 3 filing for Newbridge (NBRGU) Chief Financial Officer Li Zhen?
AI-generated analysis. How Rhea-AI works. Not financial advice.