Oxley Bridge Acquisition Limited (OBA)

Oxley Bridge Acquisition Limited (OBA) is a special purpose acquisition company, or blank-check company, whose Class A ordinary shares trade on the Nasdaq. It was formed to raise capital through an initial public offering and then use the proceeds to complete a merger, share exchange or other business combination with one or more operating businesses.

Before completing a deal, the company has no operations of its own, and the offering proceeds are held in a trust account. Public shareholders generally have the right to redeem their shares for cash in connection with a proposed business combination or if no transaction is completed within the permitted time.