other_material
confidence high
sentiment neutral
materiality 0.60
Oxley Bridge Acquisition closes IPO of 25,300,000 units at $10/unit, raising $253 million
Oxley Bridge Acquisition Ltd
- Gross IPO proceeds $253M from 25.3M units (includes full over-allotment of 3.3M units).
- Private placement of 6.4M warrants at $1 each to sponsor (4.2M) and Cantor Fitzgerald (2.2M), raising $6.4M.
- Trust account funded with $253M ($10/unit); cash outside trust $1.37 million.
- Audited balance sheet: total assets $254.4M, accumulated deficit $10.7M from offering costs.
- Company has 24 months from IPO to complete an initial business combination.
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