secwatch.observer — SEC 8-K summary
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Issuer:     Ocean Biomedical, Inc. (OCEA)
CIK:        0001869974
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001493152-23-004412
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aesther Healthcare increases backstop commitment to 8M shares; trust holds $110.9M
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- Maximum shares Vellar may purchase under backstop increased from 6M to 8M.
- Trust account held $110,914,254 as of Feb 10, 2023.
- Amendment to backstop agreement executed Feb 12, 2023, in connection with merger with Ocean Biomedical.
- No other changes to terms from prior agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869974/000149315223004412/0001493152-23-004412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869974/000149315223004412/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-004412

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer