secwatch.observer — SEC 8-K summary
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Issuer:     Oaktree Acquisition Corp. III Life Sciences (OACC)
CIK:        0002029769
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0001193125-24-244185
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oaktree Acquisition Corp. III Life Sciences prices $175M IPO at $10/unit
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- Gross proceeds of $175M from 17.5M units at $10.00 each; units trade on Nasdaq as OACCU.
- Each unit comprises one Class A share and 1/5 redeemable warrant exercisable at $11.50.
- Underwriters have 45-day over-allotment option for up to 2.625M additional units.
- Sponsor purchased 550,000 private placement units at $10 each, generating $5.5M.
- Net proceeds held in trust for initial business combination; 24-month deadline to complete.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2029769/000119312524244185/0001193125-24-244185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2029769/000119312524244185/d847969d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-244185

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