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Newbridge Acquisition Limited Announces Pricing of $50 Million Initial Public Offering
HONG KONG, CHINA, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Newbridge Acquisition Limited (NASDAQ: NBRG) (the "Company") announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit. The units are expected to be listed on the NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "NBRGU" beginning January 30, 2026. Each unit consists of one Class A ordinary share and one right. Each right entitles the holder thereof to receive one-eighth (1/8) of one Class
About this update from Newbridge Acquisition Limited
[{"type":"text","content":"HONG KONG, CHINA, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Newbridge Acquisition Limited (NASDAQ: NBRG) (the "Company") announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit. The units are expected to be listed on the NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "NBRGU" beginning January 30, 2026. Each unit consists of one Class A ordinary share and one right. Each right entitles the holder thereof to receive one-eighth (1/8) of one Class A ordinary share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units. As a result, eight rights are needed to receive one Class A ordinary share at the closing of the initial business combination. 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.","length":1010,"tagName":"p"},{"type":"text","content":"The underwriters have been granted a 45-day option to purchase up to an additional 750,000 units offered by the Company to cover over-allotments, if any.","length":153,"tagName":"p"},{"type":"text","content":"The offering is expected to close on February 2, 2026, subject to customary closing conditions.","length":95,"tagName":"p"},{"type":"text","content":"Kingswood Capital Partners, LLC is acting as the sole book running manager in the offering. Loeb & Loeb LLP is serving as legal counsel to the Company. Greenberg Traurig, LLP is serving as legal counsel to Kingswood Capital Partners, LLC.","length":242,"tagName":"p"},{"type":"text","content":"A registration statement relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on September 30, 2025. The post-effective amendment to the registration statement was declared effective by the SEC on December 18, 2025. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Kingswood Capital Markets, LLC, 126 E 56th Street, Suite 22S, New York, NY 10022, or by email at [email protected]. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.","length":591,"tagName":"p"},{"type":"text","content":...