- CEO
- Michael P. Rolnick
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 100 El Camino Real Burlingame CA United States of America 94010
- IPO Date
- Dec 31, 2021
- Business
- Chain Bridge I (NASDAQ:CBRG; OTCQB:CBRRF; warrants: CBRGW) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations other than to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar initial business combination with one or more businesses or entities. The company targets opportunities in the financial services, technology, and business services sectors, particularly those with potential applications in national security-related technology. Incorporated in 2021 and headquartered at 8 The Green #17538, Dover, Delaware, Chain Bridge I raised $200 million in its November 2021 initial public offering, originally listing on Nasdaq before transitioning certain securities to OTC markets following delisting notices.
Chain Bridge I offers investors exposure to de-SPAC transactions through its Class A ordinary shares, redeemable warrants (CBRGW), and units, holding proceeds primarily in a trust account for deployment in a business combination; it maintains no independent product manufacturing, sales, or service provisions beyond its SPAC structure. Geographically, the company operates principally in the United States, with a focus on domestic targets, and is incorporated in the Cayman Islands for tax and regulatory purposes.
In recent developments, Chain Bridge I signed a non-binding letter of intent in September 2025 with CommLoan, a commercial real estate mortgage technology platform, to combine and form a new public company named CommLoan Inc., valued pre-money at $50 million plus assumption of notes and convertible preferred stock; the transaction contemplates Nasdaq Capital Market listing, with a definitive agreement expected in Q4 2025 and closing in H1 2026, subject to shareholder approvals. Shareholders approved a one-year extension in November 2024 to complete a business combination by November 15, 2025, following a preliminary proxy filing in August 2025. In October 2025, the company entered a contribution agreement with Fulton AC I LLC for monthly capital infusions tied to shareholder votes supporting extensions, amid ongoing efforts to execute its SPAC mandate.