Newbridge Acquisition prices $50 million IPO at $10 per unit

Newbridge Acquisition Limited (NASDAQ: NBRG) announced it priced its initial public offering of 5 million units at $10.00 per unit. The units are expected to begin trading on the NASDAQ Capital Market under the ticker symbol "NBRGU" on January 30, 2026.

Each unit consists of one Class A ordinary share and one right. Each right entitles the holder to receive one-eighth of one Class A ordinary share upon completion of an initial business combination, requiring eight rights to receive one Class A ordinary share at closing.

Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on NASDAQ under the symbols "NBRG" and "NBRGR," respectively.

The underwriters have been granted a 45-day option to purchase up to an additional 750,000 units to cover over-allotments. The offering is expected to close on February 2, 2026, subject to customary closing conditions.

Kingswood Capital Partners, LLC is acting as the sole book running manager for the offering. Loeb & Loeb LLP is serving as legal counsel to the company, while Greenberg Traurig, LLP is serving as legal counsel to Kingswood Capital Partners, LLC.

Newbridge Acquisition Limited is a blank check company incorporated as a British Virgin Islands business company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

The Securities and Exchange Commission declared the registration statement relating to these securities effective on September 30, 2025, with a post-effective amendment declared effective on December 18, 2025.

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