Oxley Bridge Acquisition Ltd (NASDAQ: OBA) is a blank-check special purpose acquisition company (SPAC) incorporated as a Cayman Islands exempted company that was formed to identify and complete a business combination with one or more private enterprises. The company raised $253,000,000 in gross proceeds from its Initial Public Offering of 25,300,000 Units at $10.00 per Unit, which closed on June 26, 2025, with an additional $6,400,000 raised through a concurrent private placement of 6,400,000 Private Placement Warrants at $1.00 each. The full $253,000,000 was placed into a U.S.-based trust account managed by Continental Stock Transfer and Trust Company under a Trust Agreement dated June 24, 2025. OBA has until June 26, 2027, its 24-month Combination Period deadline, to complete an initial business combination or face liquidation. The management team is led by Chairman and CEO Jonathan Lin and CFO Gary Chan, who collectively focus on consumer and technology sector targets. The sponsor is Oxley Bridge Holdings LLC, a Delaware limited liability company. Cantor served as representative of the underwriters and is owed a deferred fee of $12,045,000 payable upon completion of a business combination.

Revenue model

OBA generates no operating revenue. As a SPAC, its economics are structured around completing a business combination. Trust account proceeds of $253,000,000 earn interest while held. A deferred underwriting fee of $12,045,000 is payable to the underwriters only upon consummation of an initial business combination (per the 10-K filed 2026-03-30).

Products and services

Units consisting of one Class A Ordinary Share and one-half of one Public Warrant, with each whole Public Warrant exercisable to purchase one Class A Ordinary Share at $11.50 per share. 25,300,000 Units were sold in the IPO, including 3,300,000 Option Units from full exercise of the over-allotment option (as of June 26, 2025).

Customers and end markets

Public investors who purchased Units in the IPO and private placement participants (sponsor Oxley Bridge Holdings LLC and Cantor). Target end markets for the eventual business combination are consumer and technology sectors, per management's stated focus in the 10-K filed 2026-03-30.

Value-chain role

SPAC vehicle that aggregates public capital and deploys it toward a single acquisition or merger with a private company seeking a public listing pathway. OBA acts as an intermediary between public capital markets and private operating businesses.

Geographic exposure

Incorporated in the Cayman Islands. Trust account is U.S.-based. Management team has stated experience in U.S. and international capital markets (per 10-K filed 2026-03-30).

Source: SEC 10-K, filed 2026-03-30

Industry: Blank Checks