Newbridge Acquisition Limited (the Company) and Starcoin Group Limited (Starcoin) entered into a Memorandum of Understanding (MOU) on February 27, 2026. The MOU aims to explore opportunities for a de-SPAC transaction involving Starcoin and/or its assets or businesses. Both parties will use reasonable endeavors to engage in discussions and provide assistance for due diligence. The MOU is non-legally binding and subject to the results of due diligence and the signing of definitive agreements. The MOU will terminate on the earlier of signing definitive agreements or 180 days from its date. Shareholders and potential investors are advised to exercise caution as the potential transaction may or may not proceed.