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Oxley Bridge (OBA) notifies late 10-Q filing; Q1 net income $2.12M

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Oxley Bridge Acquisition Limited notifies the SEC it cannot timely file its Form 10-Q for the quarter ended March 31, 2026 and states it needs additional time to obtain requisite approvals; the company anticipates filing within the five-day grace period provided by Rule 12b-25.

For the three months ended March 31, 2026, the company reports net income of $2,116,110, driven by income on investments held in the Trust Account of $2,270,574 and dividend income of $7,813, partially offset by formation, general and administrative expenses of $124,777 and administrative expenses – related party of $37,500. For the three months ended March 31, 2025, it reported a net loss of $12,962.

Positive

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Negative

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Insights

NT 10-Q cites approval timing; preliminary results disclosed.

The filing explains the registrant could not file its Form 10-Q on time because it requires additional approvals. It states an intent to use the five-day grace period provided by Rule 12b-25, which is a procedural remedy for short delays.

The excerpt discloses preliminary financials: net income $2,116,110 for Q1 2026 versus a net loss $12,962 in Q1 2025. Subsequent filings should confirm these amounts when the Form 10-Q is submitted.

Net income (Q1 2026) $2,116,110 Three months ended March 31, 2026
Income on investments (Trust Account) $2,270,574 Three months ended March 31, 2026
Dividend income $7,813 Three months ended March 31, 2026
Formation and G&A expenses $124,777 Three months ended March 31, 2026
Administrative expenses – related party $37,500 Three months ended March 31, 2026
Net loss (Q1 2025) $12,962 Three months ended March 31, 2025
Rule 12b-25 regulatory
"anticipates that it will file its Form 10-Q within the five-day grace period provided by Rule 12b-25"
Rule 12b-25 is an SEC filing provision that lets a company notify regulators and the public that it cannot file a required periodic report (like a quarterly or annual report) on time and explains the reason for the delay. For investors, the notice is a formal heads-up that financial information will arrive late—similar to a company calling to say it will be late turning in homework—so it signals increased uncertainty and may affect trading and risk assessments until the filing is available.
Trust Account financial
"income on investments held in the Trust Account of $2,270,574"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
Form 10-Q regulatory
"unable to file its Form 10-Q for the quarterly period ended March 31, 2026"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

(Check One):  ☐ Form 10-K  ☐ Form 20-F  ☐ Form 11-K  ☒  Form 10-Q  ☐ Form 10-D  ☐ Form N-CEN  ☐  Form N-CSR

 

For Period Ended: March 31, 2026

 

☐ Transition Report on Form 10-K

☐ Transition Report on Form 20-F

☐ Transition Report on Form 11-K

☐ Transition Report on Form 10-Q

 

For the Transition Period Ended: _____________________________________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

 

NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

PART I -- REGISTRANT INFORMATION

 

Full Name of Registrant Oxley Bridge Acquisition Limited
Former Name if Applicable N/A
Address of Principal Executive Office (Street and Number)

333 Seymour Street

City, State and Zip Code Vancouver, BC Canada V6B 5A6

 

 

PART II - RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed (Check box if appropriate)

 

  (a) The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
     
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
     
  (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III -- NARRATIVE

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Registrant is unable to file its Form 10-Q for the quarterly period ended March 31, 2026 within the prescribed time period without unreasonable effort or expense because additional time is needed to obtain the requisite approvals in connection with filing the Form 10-Q. The Registrant anticipates that it will file its Form 10-Q within the five-day grace period provided by Rule 12b-25 of the Securities Exchange Act of 1934, as amended.

 

PART IV --OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification

 

Jonathan Lin

 

778

 

653-3584

(Name)   (Area Code)   (Telephone Number)

 

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).

 

__________________________________________________________________________                ☒ Yes  ☐ No

 

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

 

__________________________________________________________________________                ☒ Yes  ☐ No

 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

For the three months ended March 31, 2026, we had net income of $2,116,110, which consisted of income on investments held in the Trust Account of $2,270,574 and dividend income of $7,813, offset by formation, general and administrative expenses of $124,777 and administrative expenses – related party of $37,500.

 

For the three months ended March 31, 2025, we had net loss of $12,962, which consisted of formation, general and administrative expenses.

  

2

 

  Oxley Bridge Acquisition Limited  
  (Name of Registrant as Specified in Charter)  

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: May 18, 2026 By: /s/ Jonathan Lin
    Jonathan Lin
    Chief Executive Officer

 

3

 

FAQ

What does Oxley Bridge (OBA) say about the late Form 10-Q filing?

The company states it could not file the Form 10-Q on time because additional approvals are required and anticipates filing within the five-day grace period provided by Rule 12b-25.

What were Oxley Bridge's reported results for the quarter ended March 31, 2026?

Oxley Bridge reported net income of $2,116,110 for Q1 2026, including $2,270,574 of income on investments and $7,813 of dividend income, offset by operating expenses.

How do the Q1 2026 results compare to Q1 2025 for OBA?

For the three months ended March 31, 2025, Oxley Bridge reported a net loss of $12,962, compared with the reported net income of $2,116,110 for Q1 2026 in the notification.

Who signed the Form 12b-25 notification for Oxley Bridge?

The notification was signed on behalf of Oxley Bridge Acquisition Limited by Jonathan Lin, Chief Executive Officer, dated May 18, 2026.

What cash or investment items are cited in the notification?

The filing attributes Q1 2026 income mainly to income on investments held in the Trust Account of $2,270,574 and dividend income of $7,813, which supported the reported net income.