Oxley Bridge Acquisition Ltd’s (NASDAQ:OBAWU) Quiet Period To End Tomorrow

Oxley Bridge Acquisition’s (NASDAQ:OBAWU) quiet period is set to end on Monday, August 4th. Oxley Bridge Acquisition had issued 22,000,000 shares in its initial public offering on June 25th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During Oxley Bridge Acquisition’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Oxley Bridge Acquisition to a “hold” rating in a research note on Tuesday, July 8th.

Oxley Bridge Acquisition Price Performance

NASDAQ OBAWU opened at $10.04 on Friday. Oxley Bridge Acquisition has a 12 month low of $10.00 and a 12 month high of $10.06.

Institutional Trading of Oxley Bridge Acquisition

An institutional investor recently bought a new position in Oxley Bridge Acquisition stock. Gritstone Asset Management LLC bought a new stake in shares of Oxley Bridge Acquisition Ltd (NASDAQ:OBAWU) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 75,000 shares of the company’s stock, valued at approximately $751,000.

Oxley Bridge Acquisition Company Profile

We are a blank check company incorporated on August 6, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.