secwatch.observer — SEC 8-K summary
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Issuer:     Ocean Capital Acquisition Corp (OCAC)
CIK:        0001926314
Form:       8-K
Filed at:   2026-08-19T12:00:28+00:00
Accession:  0001493152-26-039125
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ocean Capital appoints Hao and Betts as independent directors after two resignations
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- On Aug 14, 2026, directors Hin Wing (Simon) Wong and Hiu Man (Elliott) Cheng resigned; Cheng also vacated audit, governance, and compensation committee chairs.
- On Aug 16, 2026, Wei-Chieh Hao appointed independent director and chair of governance and compensation committees; he has 25+ years in asset management.
- On Aug 18, 2026, Richard T. Betts appointed independent director and chair of audit committee; he is a former Deloitte, EY, and KPMG sustainability partner.
- Betts will receive an indirect economic interest in 20,000 insider shares from sponsor SB Capital Holding upon business combination; Hao gets no pre-combination compensation.
- Both resignations were not due to disagreements; no family relationships or material interests disclosed for new directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1926314/000149315226039125/0001493152-26-039125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1926314/000149315226039125/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-039125

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