OXLEY BRIDGE ACQUISITION LIMITED FORM 10-Q FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2026

Summary and Analysis of Key Points

Overview

• Oxley Bridge Holdings LLC is the sponsor of this blank check company, which was incorporated in the Cayman Islands on August 6, 2024 for the purpose of effecting a business combination.
• The company is focusing its search on a target with operations or prospects in the global consumer and technology sectors, with a focus on disruptive growth potential through the use of technology that can benefit from operations in Asia, excluding China, Hong Kong, and Macau.
• The company completed its initial public offering (IPO) on June 26, 2025, raising $253 million by selling 25.3 million units, each consisting of one Class A ordinary share and one-half of one public warrant.
• The company has until June 26, 2027 (24 months from the IPO) to complete a business combination, after which it will be required to redeem the public shares and liquidate if no deal is reached.

Financial Performance

• The company has not engaged in any operations or generated any revenue to date, with its activities focused on the IPO and identifying potential acquisition targets.
• For the three months ended June 30, 2026, the company had net income of $2.16 million, primarily from interest and dividend income on the funds held in the trust account.
• For the six months ended June 30, 2026, the company had net income of $4.28 million, also driven by investment income.
• The company’s liquidity needs have been satisfied through the proceeds from the IPO and private placement, with $262.8 million held in the trust account as of June 30, 2026.

Strengths and Weaknesses

Strengths:

• Significant cash reserves held in the trust account to fund a business combination
• Experienced management team and sponsor with a focus on the global consumer and technology sectors
• Flexibility to pursue a wide range of potential acquisition targets

Weaknesses:

• Limited operating history and no revenue generation to date
• Uncertainty around the company’s ability to identify and complete a suitable business combination within the 24-month time frame
• Potential risk of being deemed an investment company if the trust account investments are not managed properly

Outlook

• The company faces substantial doubt about its ability to continue as a going concern if it is unable to complete a business combination by the June 26, 2027 deadline.
• Failure to complete a deal within the time frame would result in a mandatory liquidation and dissolution of the company.
• The company may seek to extend the combination period, but this would require shareholder approval and could impact the company’s Nasdaq listing.
• Overall, the company’s future is highly dependent on its ability to identify and successfully complete a value-enhancing business combination within the limited time frame.