Newbridge Acquisition Ltd (NBRG) Form 8-K — Aug 3, 2026
Newbridge Acquisition Ltd entered into a definitive Business Combination Agreement with Startech Group Inc., a U.S.-based AI technology company with fintech-enablement capabilities, establishing a deal value of $1 billion. The agreement stipulates that Startech equity holders will receive an aggregate of 100 million Parent Common Shares, calculated by dividing the $1 billion purchase price by $10.00 per share. As part of the transaction, Newbridge will re-domicile from the British Virgin Islands to Delaware and change its name to Startech Inc. upon the closing of the merger.
Key figures
- Deal Value Usd
- US$1,000,000,000
- Outside Date
- November 2, 2027
- Base Purchase Price
- US$1,000,000,000
- Minimum PIPEInvestment
- $5,000,000
- Shares Outstanding Class A
- 20000000
- Shares Outstanding Class B
- 60640000
- Aggregate Merger Consideration Shares
- 100,000,000
Price after filing
Close on the filing date to close N calendar days later (from $10.00). Historical, not a forecast.
AI analysis
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