Omni Bridgeway Welcomes US Budget Bill Outcome, Confirms No Legal Finance Tax Measures

MT Newswires Live

2025/07/07

Omni Bridgeway (ASX:OBL) said that aligned with its expectation, the US budget bill, as enacted, does not include any tax or other provisions concerning legal finance, according to a Monday Australian bourse filing.

The company said it welcomes this outcome and notes that the proposed taxation on US legal finance never passed beyond the initial stage of the US Senate Finance Committee Reconciliation draft and was never voted on by either chamber of Congress.

The company said its fiscal fourth-quarter report will be published by the end of July, and its financial statements and annual report for the fiscal year will be published on Aug. 28.

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