secwatch.observer — SEC 8-K summary
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Issuer:     Ocean Capital Acquisition Corp (OCAC)
CIK:        0001926314
Form:       8-K
Filed at:   2026-06-13T00:46:36+00:00
Accession:  0001493152-26-028579
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ocean Capital Acquisition Corp closes $115M SPAC IPO, units start trading on NYSE
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- Gross proceeds of $115M from 11.5M units at $10/unit (includes full over-allotment) plus $1.5M sponsor private placement.
- $115M placed in trust with Odyssey Transfer & Trust, includes up to $4.025M deferred underwriting commissions.
- Each unit consists of one ordinary share, one right, and one warrant (exercisable at $11.50).
- Units trade under OCACU; ordinary shares, rights, warrants to trade separately as OCAC, OCACR, OCACW.
- Pok Yu Chow, Hiu Man Cheng, and Hin Wing Wong appointed to board and audit/compensation committees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1926314/000149315226028579/0001493152-26-028579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1926314/000149315226028579/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-028579

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