---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-012753"
form_type: "8-K"
ticker: "NBRG"
cik: "0001918414"
company_name: "Newbridge Acquisition Ltd"
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:33:24.943311+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Newbridge Acquisition closes $57.5M SPAC IPO; auditor flags going concern

## Summary
- IPO of 5,750,000 units at $10/unit (incl. full over-allotment) raised $57.5M gross.
- Private placement of 186,250 units to sponsor Wealth Path Holdings added $1.86M.
- Trust account holds $57.5M from IPO proceeds; cash on hand $1.82M.
- Auditor notes working capital deficit of $1.77M and accumulated deficit of $620k, raising substantial doubt about going concern.

## SEC filing metadata
- accession: 0001213900-26-012753
- form_type: 8-K
- ticker: NBRG
- cik: 0001918414
- company_name: Newbridge Acquisition Ltd
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1918414/000121390026012753/0001213900-26-012753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1918414/000121390026012753/ea0275790-8k_newbridge.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-012753
- JSON: https://secwatch.observer/filing/0001213900-26-012753.json
- Plain text: https://secwatch.observer/filing/0001213900-26-012753.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.