Oxley Bridge Acquisition Limited Reports $4.8M Net Income for Fiscal Year 2025

Oxley Bridge Acquisition Limited, a blank check company incorporated in the Cayman Islands, has reported its financial performance for the fiscal year ending December 31, 2025, in its recent 10-K filing. The company successfully completed its Initial Public Offering (IPO) on June 26, 2025, raising gross proceeds of $253 million from the sale of 25.3 million units, which included the full exercise of the over-allotment option. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. The company also raised an additional $6.4 million through a private placement of warrants, bringing its total cash position to approximately $258.2 million held in a trust account as of December 31, 2025.

In terms of profitability, Oxley Bridge reported a net income of $4.8 million for the year, a significant increase from a net loss of $48,833 in the previous period. This positive shift was primarily driven by $5.2 million in income from investments held in the trust account, alongside a modest increase in general and administrative expenses. The company has not yet engaged in any operations or generated revenue from business activities, as it is still in the process of identifying a target for its initial business combination.

Strategically, Oxley Bridge is focused on acquiring businesses in the global consumer and technology sectors, particularly those with disruptive growth potential in Asia, excluding China. The company has not yet selected a specific target but is actively evaluating potential candidates. The management team, led by CEO Jonathan Lin, has extensive experience in investment and business operations, which they believe positions them well to identify suitable acquisition opportunities.

Operationally, Oxley Bridge has maintained a lean structure with only three officers and no full-time employees prior to completing its initial business combination. As of March 30, 2026, the company had 25.3 million Class A ordinary shares and 6.3 million Class B ordinary shares outstanding. The company’s liquidity is supported by $978,307 in cash held outside the trust account, which is intended for operational expenses related to the search for a business combination.

Looking ahead, Oxley Bridge has until June 26, 2027, to complete its initial business combination, with the possibility of extending this period subject to shareholder approval. The company acknowledges the competitive landscape for SPACs and the challenges posed by current market conditions, including geopolitical tensions and economic fluctuations, which may impact its ability to identify and consummate a business combination.