Newbridge Acquisition Ltd. (Ticker: NBRGU US) is a British Virgin Islands-incorporated blank check company based in Hong Kong, specializing in the acquisition of small-cap technology and green businesses. The company plans to list on the NASDAQ on December 19, 2025, offering 5 million units at a price of $10.00 per unit. This offering aims to raise $50 million (USD 50 million). Each unit reportedly consists of one share of stock and one right to receive one-eighth of a share upon the completion of an initial business combination.
The company has an estimated market capitalization of USD 65.75 million. According to its filings, Newbridge Acquisition Ltd. intends to focus its search for a target company on sustainable businesses, new energy, AI applications, and healthcare across North America, Europe, and the Asia Pacific regions. Led by CEO and Chairman Yongsheng Liu, the firm was founded in 2021 and currently reports no revenue or employees. The IPO proceeds are reportedly designated for the purpose of effecting a merger or similar business combination. Kingswood Capital Markets is serving as the sole manager for the transaction.