Newbridge sponsor buys 186,250 private units

Newbridge Acquisition Ltd’s sponsor, Wealth Path Holdings Limited, purchased 186,250 private units, giving CEO Yongsheng Liu indirect beneficial ownership through the sponsor.

Rhea-AI Filing Summary

Newbridge Acquisition Ltd’s sponsor, Wealth Path Holdings Limited, purchased 186,250 private units, giving CEO Yongsheng Liu indirect beneficial ownership through the sponsor. Each private unit includes one Class A ordinary share and one right, and was bought at $10 per unit for a total of $1,862,500.

Each right automatically converts into one-eighth of one Class A ordinary share upon completion of Newbridge’s initial business combination, corresponding to 23,281 underlying Class A ordinary shares. Liu, a director, chief executive officer, and 10% owner, may be deemed a beneficial owner but disclaims ownership beyond his pecuniary interest.

Insider Trade Summary

Net Buyer: 372,500 shares

Net Buy 2 txns

Insider Liu Yongsheng

Role Chief Executive Officer

Bought 372,500 shs ($0.00)

Type	Security	Shares	Price	Value
Purchase	Rights to receive Class A ordinary shares	186,250	$0.00	$0.00
Purchase	Class A Ordinary Shares, no par value	186,250	$0.00	$0.00

Holdings After Transaction: Rights to receive Class A ordinary shares — 186,250 contracts (Indirect, Seefootnote); Class A Ordinary Shares, no par value — 186,250 shares (Indirect, Seefootnote)

Footnotes (2)

1. F1. Reflects the 186,250 private units owned by Wealth Path Holdings Limited, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one right. The private units were purchased at $10 per unit for an aggregate purchase price of $1,862,500. Messrs. Yongsheng Liu and Jining Li jointly have voting and investment discretion with respect to the securities held of record by the sponsor. As such, Messrs. Jining Li and Yongsheng Liu may be deemed to have beneficial ownership of the securities held of record by the sponsor. Mr. Liu disclaims any beneficial ownership of the securities held by Wealth Path Holdings Limited, except to the extent of his pecuniary interest therein.
2. F2. Each right converts automatically into one-eighth of one Class A ordinary share upon the consummation of an initial business combination of the Issuer.

FAQ

What did Wealth Path Holdings Limited buy in Newbridge Acquisition (NBRGU)?

Wealth Path Holdings Limited bought 186,250 private units of Newbridge Acquisition. Each unit consists of one Class A ordinary share and one right, providing exposure to additional shares upon Newbridge completing its initial business combination.

How much did Wealth Path pay for the Newbridge private units?

Wealth Path paid $10 per private unit, for an aggregate purchase price of $1,862,500. This investment consists of 186,250 units, each containing one Class A ordinary share and one right linked to future share issuance.

How do the Newbridge rights held by Wealth Path convert into shares?

Each right converts automatically into one-eighth of one Class A ordinary share once Newbridge completes its initial business combination. For 186,250 rights, the Form 4 lists 23,281 underlying Class A ordinary shares associated with these derivative securities.

What is Yongsheng Liu’s relationship to the Newbridge sponsor’s holdings?

Yongsheng Liu and Jining Li jointly have voting and investment discretion over securities held by Wealth Path, Newbridge’s sponsor. They may be deemed beneficial owners, but Liu expressly disclaims beneficial ownership beyond his pecuniary interest in Wealth Path’s holdings.

Is Yongsheng Liu a major insider at Newbridge Acquisition (NBRGU)?

Yes. The Form 4 identifies Yongsheng Liu as a director, chief executive officer, and 10% owner of Newbridge Acquisition. His reported beneficial interest is indirect, through the sponsor Wealth Path Holdings Limited, which owns the 186,250 private units.

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Accepted by SEC EDGAR 02/04/2026 - 09:21 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Liu Yongsheng

(Last) (First) (Middle)

C/O NEWBRIDGE ACQUISITION LIMITED

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

(Street)

HONG KONG

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares, no par value	02/02/2026		P		186,250	A	(1)	186,250	I	Seefootnote(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Rights to receive Class A ordinary shares	(2)	02/02/2026		P		186,250		(2)	(2)	Class A Ordinary Shares	23,281	(1)	186,250	I	Seefootnote(1)

Explanation of Responses:

1. Reflects the 186,250 private units owned by Wealth Path Holdings Limited, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one right. The private units were purchased at $10 per unit for an aggregate purchase price of $1,862,500. Messrs. Yongsheng Liu and Jining Li jointly have voting and investment discretion with respect to the securities held of record by the sponsor. As such, Messrs. Jining Li and Yongsheng Liu may be deemed to have beneficial ownership of the securities held of record by the sponsor. Mr. Liu disclaims any beneficial ownership of the securities held by Wealth Path Holdings Limited, except to the extent of his pecuniary interest therein.

2. Each right converts automatically into one-eighth of one Class A ordinary share upon the consummation of an initial business combination of the Issuer.

	/s/ Yongsheng Liu	02/04/2026
	** 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 4 (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.