CVI, Heights disclose 5.6% Newbridge (NBRGU) stake in Schedule 13G
Rhea-AI Filing Summary
CVI Investments, Inc. and Heights Capital Management, Inc. report beneficial ownership of 300,000 Class A ordinary shares of Newbridge Acquisition Limited, equal to 5.6% of the class. The shares are held as part of units that each include one share and a right to receive one-eighth of a share upon completion of an initial business combination.
Heights Capital Management, Inc., a Delaware company, serves as investment manager to CVI Investments, Inc., a Cayman Islands entity, and may exercise shared voting and dispositive power over these shares. The reporting persons state the holdings are not for the purpose of changing or influencing control of Newbridge Acquisition Limited.
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FAQ
Who are the reporting persons in the Newbridge Acquisition Limited (NBRGU) Schedule 13G?
The reporting persons are CVI Investments, Inc. and Heights Capital Management, Inc. CVI is organized in the Cayman Islands, while Heights is a Delaware entity acting as investment manager and authorized agent, with shared voting and dispositive power over the reported Newbridge Acquisition Limited Class A ordinary shares.
How are the Newbridge Acquisition Limited (NBRGU) securities held by CVI and Heights structured?
The reported holdings are shares held as part of units, each consisting of one Class A ordinary share and a right to receive one-eighth of a share. These additional shares become issuable upon consummation of Newbridge Acquisition Limited’s initial business combination, as described in the company’s January 30, 2026 prospectus.
Do CVI Investments and Heights Capital intend to influence control of Newbridge Acquisition Limited (NBRGU)?
They certify the securities were not acquired and are not held to change or influence control of Newbridge Acquisition Limited. The filing states the holdings are not in connection with any transaction having that purpose or effect, other than activities solely related to a nomination under Rule 14a-11.
What is Heights Capital Management’s role regarding CVI’s Newbridge Acquisition Limited (NBRGU) holdings?
Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and may be deemed beneficial owner of all shares owned by CVI. Heights has shared voting and dispositive power, and signs the filing as authorized agent under a Limited Power of Attorney attached as an exhibit.
What key date triggers the reporting in this Newbridge Acquisition Limited (NBRGU) Schedule 13G?
The Schedule 13G is triggered by an event dated January 29, 2026. That date corresponds to when the ownership level or circumstances required public reporting of the 300,000 Class A ordinary shares of Newbridge Acquisition Limited beneficially owned collectively by CVI Investments, Inc. and Heights Capital Management, Inc.