{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-019176","form_type":"8-K","ticker":"OCEA","cik":"0001869974","company_name":"Ocean Biomedical, Inc.","filed_at":"2023-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.400621+00:00","generated_at":"2026-06-14T13:28:36.921213+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Ocean Biomedical closes $7.56M first tranche of convertible notes; amends SPA","bullets":["Closed first tranche of $7.56M in Senior Secured Convertible Notes on May 25, 2023, part of up to $27M private placement.","Amendment adds definition of 'all the Registrable Securities' as 100% of maximum conversion shares at Floor Price.","Amendment modifies Section 7(b)(xxii) to condition additional closings on no Equity Conditions Failure.","Investor is Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-019176","json":"https://secwatch.observer/filing/0001493152-23-019176.json","markdown":"https://secwatch.observer/filing/0001493152-23-019176.md","text":"https://secwatch.observer/filing/0001493152-23-019176.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1869974/000149315223019176/0001493152-23-019176-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1869974/000149315223019176/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T13:28:36.921213+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0a774e5587bf4f1d716e9a052d4ed978e25a6284","claim":"Ocean Biomedical, Inc. amended Amendment No. 1 to Securities Purchase Agreement with Investor valued at up to $27,000,000 aggregate principal amount of Senior Secured Convertible Notes (effective 2023-05-25).","evidence_excerpt":"greement (the “ SPA ”) with an accredited investor (the “ Investor ” and, together with the Company, the “ Parties ”) for the sale of up to $27,000,000 in an aggregate principal amount of Senior","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1869974/000149315223019176/0001493152-23-019176-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Investor"},{"label":"Value","value":"up to $27,000,000 aggregate principal amount of Senior Secured Convertible Notes"},{"label":"Effective","value":"2023-05-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}