Oxley Bridge Acquisition Limited

What they do

Oxley Bridge Acquisition Ltd is a Cayman Islands exempted company incorporated on August 6, 2024, formed to effect a business combination with one or more businesses. It has not yet selected a specific target and has generated no operating revenues. The company completed its IPO on June 26, 2025, raising gross proceeds of $253,000,000 from the sale of 25,300,000 units at $10.00 per unit, plus an additional $6,400,000 from the private placement of 6,400,000 warrants to its sponsor and Cantor.

Revenue drivers

• No operating revenues — The company has no operating revenues to date and does not expect to generate revenues until a business combination is completed.

Recent performance

For fiscal year 2025, the company reported net income of $4.8 million, but operating cash flow was negative at -$448,134. As of June 30, 2026, total assets were $263.7 million, total liabilities were $12.2 million, and shareholder equity was negative at -$11.4 million. Cash and equivalents were $729,941.

Strategy

The company is searching globally for a target with operations or prospects in the global consumer and technology sectors with disruptive growth potential through technology, focusing on Asia excluding China. Management aims to identify proven business models that can be tailored to the Asian market and benefit from accelerated growth. The company must complete its initial business combination by June 26, 2027, or it will liquidate and distribute the trust account proceeds.

Risks

• No target selected — As of the latest report, the company has not selected any specific business combination target, which increases the risk of failing to complete a transaction within the required timeframe.
• Liquidation risk — If the company does not complete a business combination by June 26, 2027, it will cease operations and redeem public shares, extinguishing shareholder rights.
• Trust account claims — The trust account may be subject to claims by third parties, which could reduce the amount available for redemption or distribution.
• Delisting risk — If the company does not meet the Nasdaq 36-Month Requirement, its securities could be suspended or delisted from Nasdaq.

Outlook

Management expects to continue incurring significant costs in the pursuit of acquisition plans. There can be no assurance that the business combination will be successful. The company has a 24-month combination period, which can be extended with shareholder approval, but any extension would require redemptions that may affect its capitalization and listing.