Oxley Bridge Acquisition Limited Announces Pricing of Initial Public Offering

Strategic Insights -

Oxley Bridge Acquisition Limited, a blank check company formed to pursue a merger or acquisition opportunity, announced the pricing of its initial public offering of 22,000,000 units at a price of $10.00 per unit. The units will consist of one Class A ordinary share and one-half of one redeemable warrant, with the Class A ordinary shares and warrants expected to be listed on Nasdaq under the symbols "OBA" and "OBAWW," respectively. The offering is expected to close on June 26, 2025, subject to customary closing conditions, with Cantor Fitzgerald & Co. acting as sole book-running manager.

The company's management team, led by Jonathan Lin, its Chief Executive Officer and Chairman of the Board, and Gary Chan, its Chief Financial Officer, will search globally for a target with operations or prospects focusing on global consumer and technology sectors with disruptive growth potential through the use of technology that can benefit from operations in Asia, excluding the People's Republic of China, Hong Kong and Macau. The Board also includes Norma Chu, Enrique Gonzalez, Gan Wee Leong, and Jack Cho.

The company is required to deposit an amount equal to $10.00 per unit into a trust account upon the closing of the offering, which will remain until the securities constituting the units begin separate trading. The company may pursue an acquisition opportunity in any business or industry at any stage of its corporate evolution.

Key Takeaways:

  • Oxley Bridge Acquisition Limited priced its initial public offering of 22,000,000 units at $10.00 per unit.
  • The units consist of one Class A ordinary share and one-half of one redeemable warrant, with the Class A ordinary shares and warrants expected to be listed on Nasdaq.
  • The offering is expected to close on June 26, 2025, subject to customary closing conditions.
  • Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering.
  • The company's management team is led by Jonathan Lin, Chief Executive Officer and Chairman of the Board, and Gary Chan, Chief Financial Officer.
  • The Board also includes Norma Chu, Enrique Gonzalez, Gan Wee Leong, and Jack Cho.
  • The company will search globally for a target with operations or prospects focusing on global consumer and technology sectors.

Statistics:

  • 22,000,000 units priced at $10.00 per unit.
  • $220,000,000 in total offering proceeds.
  • 1,100,000,000 Class A ordinary shares and 550,000,000 warrants will be issued.
  • The company will deposit $220,000,000 into a trust account upon the closing of the offering.
  • The offering is expected to close on June 26, 2025.

Sources:

  • GlobeNewswire (MIL-OSI) Vancouver, BC, June 24, 2025 (GLOBE NEWSWIRE)
  • Oxley Bridge Acquisition Limited press release, dated June 24, 2025.