STOCK TITAN

[Form 4] Newbridge Acquisition Ltd Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Newbridge Acquisition Ltd director and 10% owner Jining Li reported indirect beneficial ownership tied to 186,250 private units of the company held by its sponsor, Wealth Path Holdings Limited. Each private unit consists of one Class A ordinary share and one right and was purchased at $10 per unit, for an aggregate purchase price of $1,862,500.

The filing shows indirect holdings of 186,250 Class A ordinary shares and 186,250 rights, all held through the sponsor. Each right automatically converts into one-eighth of one Class A ordinary share upon consummation of the issuer’s initial business combination. Li may be deemed a beneficial owner due to shared voting and investment discretion, but he disclaims beneficial ownership except to the extent of his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Li Jining
Role Director, 10% Owner
Bought 372,500 shs ($0.00)
Type Security Shares Price Value
Purchase Rights to receive Class A ordinary shares 186,250 $0.00 --
Purchase Class A Ordinary Shares, no par value 186,250 $0.00 --
Holdings After Transaction: Rights to receive Class A ordinary shares — 186,250 shares (Indirect, See Footnote); Class A Ordinary Shares, no par value — 186,250 shares (Indirect, See Footnote)
Footnotes (1)
  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. Jining Li and Yongsheng Liu 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. Li disclaims any beneficial ownership of the securities held by Wealth Path Holdings Limited, except to the extent of his pecuniary interest therein. Each right converts automatically into one-eighth of one Class A ordinary share upon the consummation of an initial business combination of the Issuer.
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*
Li Jining

(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
Officer (give title below) Other (specify below)
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 See Footnote(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 See Footnote(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. Jining Li and Yongsheng Liu 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. Li 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/ Jining Li 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).
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