Wealth Path Holdings Ltd 4

What Happened
Wealth Path Holdings Limited (the issuer's sponsor and a 10% owner) purchased 186,250 private units of Newbridge Acquisition Ltd on February 2, 2026. Each private unit consists of one Class A ordinary share plus one right; the units were bought at $10.00 per unit for an aggregate purchase price of $1,862,500. The filing shows two related entries: one for the Class A share component and one for the derivative right component of the private units.

Key Details

• Transaction date: 2026-02-02; Form 4 filed 2026-02-04 (timely).
• Price: $10.00 per private unit; total paid $1,862,500.
• Amounts: 186,250 Class A shares (recorded) and 186,250 rights (recorded as a derivative). Together these reflect ownership of 186,250 private units after the transaction.
• Footnotes: Sponsor owns 186,250 private units. Messrs. Yongsheng Liu and Jining Li have voting and investment discretion for the sponsor's recorded holdings but disclaim beneficial ownership except for any pecuniary interest.
• Derivative detail: each right converts automatically into one-eighth (0.125) of a Class A ordinary share upon consummation of an initial business combination — 186,250 rights would convert into 23,281.25 Class A shares on that basis.

Context
This is a sponsor/private-placement purchase (code P) rather than an executive sale — common for SPAC sponsors to hold private units. The transaction is a straightforward cash purchase of units at the stated private placement price; it does not indicate trading by an individual officer and the filing disclaims individual beneficial ownership by the named principals beyond pecuniary interest.