secwatch / observer
8-K filed February 13, 2023, 6:59 PM ET ticker OCEA CIK 0001869974
other material confidence high sentiment neutral materiality 0.65

Aesther Healthcare increases backstop commitment to 8M shares; trust holds $110.9M

Ocean Biomedical, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.8

Ocean Biomedical, Inc. amended Definitive A&R Backstop Agreement with Aesther, Ocean Biomedical, Vellar Opportunity Fund SPV LLC – Series 3 (effective 2023-02-12).

Action
amendment
Counterparty
Aesther, Ocean Biomedical, Vellar Opportunity Fund SPV LLC – Series 3
Effective
2023-02-12
Exact text from the filing
On February 12, 2023, Aesther, Ocean Biomedical and Vellar again amended and restated the Original Backstop Agreement (the “ Definitive A&R Backstop Agreement ”)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Ocean Biomedical, Inc. entered into Agreement and Plan of Merger with Aesther Healthcare Acquisition Corp., AHAC Merger Sub, Inc., Aesther Healthcare Sponsor, LLC, Ocean Biomedical, Inc., Dr. Chirinjeev Kathuria (effective 2022-08-31).

Action
entry
Agreement
merger
Counterparty
Aesther Healthcare Acquisition Corp., AHAC Merger Sub, Inc., Aesther Healthcare Sponsor, LLC, Ocean Biomedical, Inc., Dr. Chirinjeev Kathuria
Effective
2022-08-31
Exact text from the filing
On August 31, 2022, Aesther Healthcare Acquisition Corp., a Delaware corporation (“ Aesther ”) entered into an Agreement and Plan of Merger by and among Aesther, AHAC Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Aesther (“ Merger Sub ”), Aesther Healthcare Sponsor, LLC, Aesther’s sponsor (the “ Sponsor ”), in its capacity as purchaser representative, Ocean Biomedical, Inc., a Delaware corporation (“ Ocean Biomedical ”), and Dr. Chirinjeev Kathuria, in his capacity as seller representative (as may be amended and/or restated from time to time, the “ Merger Agreement ”)
View on SEC.gov

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Ocean Biomedical, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-004412
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