Newbridge Acquisition Limited Class A Ordinary Share
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $75.8M
- Price
- $10.04
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.10%
- Volume
- 2.4K
About
Newbridge Acquisition Limited's primary objective is to finalize a business combination transaction. This could take various forms, such as a merger, share exchange, asset acquisition, stock purchase, recapitalization, or reorganization, involving one or more other companies or organizations. The company was founded in 2021, and its main administrative office is situated in Wan Chai, Hong Kong.
Quick stats
Shares outstanding7.5M
Computed float4.8M
Float / shares63.5%
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001918414
AI Summary
AI-generated20d agomajorneutralm and a
Newbridge Acquisition Limited Announces entering into the Business Combination Agreement with Startech Group Inc.
Newbridge Acquisition Limited announced a business combination agreement with Startech Group Inc., an AI and fintech technology company focused on functional water and AI-powered healthcare technologies.
Under the terms, Startech stockholders will receive 100,000,000 shares of the combined company, with certain shares subject to a six-month lock-up period.
The combined company plans to remain Nasdaq-listed under a new ticker symbol upon closing of the transaction, subject to regulatory and shareholder approvals.
Red flags
- SPAC de-SPAC transaction inherently carries execution risk
- Target company (Startech) is pre-revenue/emerging