Goldenbridge Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

NEW YORK, May 27, 2022 (World NEWSWIRE) — Goldenbridge Acquisition Minimal (NASDAQ: GBRGU, the “Company”), a unique function acquisition business, declared today that Automobile Services Group Confined (“SunCar”), has deposited into the Company’s have faith in account (the “Trust Account”) an mixture amount of $575,000 (representing close to $.10 for each everyday share), in get to increase the interval of time the Firm has to finish a organization mixture for an further a few (3) months interval, from June 4, 2022 to September 4, 2022. The Company issued just one unsecured promissory observe in an quantity of $575,000, to SunCar with a principal volume equal to the amount deposited. The promissory observe bears no desire and is convertible into the Company’s units (with each individual device consisting of a person common share, a person warrant to order one-50 % of 1 regular share, and a person appropriate to get a person-tenth of 1 regular share upon the consummation of the Company’s preliminary small business combination) at a cost of $10.00 for each unit at the closing of a organization blend by the Business. The goal of the extension is to supply added time for the Business to finish a company mix.

About Goldenbridge Acquisition Confined

Goldenbridge Acquisition Minimal is included in the British Virgin Islands as a blank verify business for the function of moving into into a merger, share exchange, asset acquisition, share acquire, recapitalization, reorganization or similar enterprise mix with a person or a lot more enterprises or entities. Goldenbridge’s initiatives to establish a possible focus on small business have not been limited to a distinct field or geographic region.

Ahead-Wanting Statements

This push release contains ahead-looking statements that require challenges and uncertainties. Forward on the lookout statements are statements that are not historical facts. These ahead-wanting statements, which includes the productive consummation of the Firm’s preliminary community presenting, are subject matter to dangers and uncertainties, which could result in true effects to differ from the forward wanting statements. The Enterprise expressly disclaims any obligations or enterprise to release publicly any updates or revisions to any forward-seeking statements contained herein to reflect any adjust in the Company’s expectations with regard thereto or any adjust in occasions, circumstances or situations on which any statement is primarily based.

Tale carries on

Yongsheng Liu

Chief Govt Officer

Goldenbridge Acquisition Confined

Tel: +86 (186) 0217-2929