Newbridge (NBRGU) CFO Li Zhen reports 50,000 Class B shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Li Zhen
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 50,000 shares (Direct)
Footnotes (1)
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FAQ
What does Newbridge Acquisition Ltd (NBRGU) Form 3 disclose about Li Zhen?
The Form 3 shows Chief Financial Officer Li Zhen directly owns 50,000 Class B ordinary shares. These represent his initial reported beneficial ownership and are a standard disclosure required when an executive becomes a reporting insider under U.S. securities rules.
Is Li Zhen’s ownership in Newbridge Acquisition Ltd (NBRGU) direct or indirect?
The filing classifies Li Zhen’s beneficial ownership of the 50,000 Class B ordinary shares as direct. No separate entity or trust is listed for these shares, so the Form 3 attributes the holdings directly to him as Chief Financial Officer.
What triggers the Form 3 filing for Newbridge (NBRGU) Chief Financial Officer Li Zhen?
The Form 3 is triggered when Li Zhen becomes a reporting insider under Section 16, here tied to an event dated January 29, 2026. It establishes his starting beneficial ownership position of 50,000 Class B ordinary shares in Newbridge Acquisition Ltd.