For Q1 FY2026 ended March 31, 2026, Oxley Bridge Acquisition Ltd reported net income of $2,116,110, a significant increase from the prior year. Operating income was negative $162,277, and the company had cash of $816,134 and negative equity of $11,210,518.
•Net income of $2.12 million, up 16,425% year-over-year.
•Operating loss of $162,277, compared to a small loss in the prior year.
•Cash balance of $816,134; shareholders' deficit of $11.21 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Oxley Bridge Acquisition does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the consumer and technology sectors. The company was incorporated in 2024 and is based in Vancouver, Canada.
What does Oxley Bridge Acquisition Limited (OBA) do?
Oxley Bridge Acquisition Limited is a shell company that currently has no significant operations. Its primary purpose is to identify and execute a business combination with one or more target companies. The company intends to focus on businesses operating in the consumer and technology sectors. It may pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar transaction. As a special purpose acquisition company (SPAC), it raises capital through an initial public offering with the goal of acquiring an existing private company, thereby taking it public. Until a target is identified and a deal is completed, Oxley Bridge holds its funds in trust and does not generate revenue from operations.
Where is Oxley Bridge Acquisition Limited (OBA) listed and in which currency?
Oxley Bridge Acquisition Limited is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol OBA. Its securities trade in U.S. dollars (USD). The company is incorporated in Canada and headquartered in Vancouver, Canada, but its shares are traded on a U.S. exchange, providing access to American and international investors. The listing on NasdaqGM subjects the company to the exchange's listing standards and regulatory requirements. As a SPAC, its shares and warrants may trade separately, and the trust account holding the IPO proceeds is typically maintained in U.S. dollars.
What sector and industry does Oxley Bridge Acquisition Limited (OBA) belong to?
Oxley Bridge Acquisition Limited operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, often formed to raise capital through an IPO with the intention of acquiring or merging with an existing business. In the context of SPACs, these companies are also known as blank-check companies. The Financial Services sector encompasses a wide range of businesses that manage money, including banks, investment funds, and insurance companies. As a shell company, Oxley Bridge does not provide traditional financial services but rather serves as a vehicle for a future business combination.
Where is Oxley Bridge Acquisition Limited (OBA) headquartered and what is its geographic focus?
Oxley Bridge Acquisition Limited is headquartered in Vancouver, Canada, and was incorporated in 2024. While its headquarters are in Canada, the company is listed on a U.S. exchange and targets businesses in the consumer and technology sectors, which are global in nature. The company's geographic focus is not explicitly limited to a specific region; however, as a SPAC, it may seek acquisition targets primarily in North America or other developed markets. The Vancouver base provides a strategic location within a major financial hub in Canada, but the company's operations are minimal until a business combination is completed. Investors should note that the company's activities are currently limited to identifying a suitable target.
What is the business model of Oxley Bridge Acquisition Limited (OBA)?
Oxley Bridge Acquisition Limited operates as a special purpose acquisition company (SPAC) with a business model centered on raising capital through an initial public offering (IPO) to acquire an existing private company. The company does not have any current operations or revenue. Instead, it holds the IPO proceeds in a trust account while its management team searches for a target business in the consumer or technology sectors. Once a target is identified and shareholders approve the transaction, the SPAC merges with or acquires the target, effectively taking it public. The SPAC's management typically earns a promote (a percentage of the equity) as compensation. If no deal is completed within a specified timeframe, the SPAC is liquidated and funds are returned to shareholders.