OceanLight Acquisition closes IPO of 10,000,000 units at $10 each

Reuters2026/08/10 20:35

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OceanLight Acquisition closed its IPO of 10,000,000 units at USD 10 per unit on Nasdaq under OCLTU.
Underwriters hold a 45-day option to buy up to 1,500,000 additional units at the IPO price to cover over-allotments.
Each unit includes one ordinary share, one right for 1/4 ordinary share at a business combination, one redeemable warrant.
Each whole warrant is exercisable at USD 11.5 per ordinary share; units began trading Aug. 7.
Separately traded ordinary shares, rights, warrants are expected to list on Nasdaq as OCLT, OCLTR, OCLTW.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oceanlight Acquisition Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608101615PRIMZONEFULLFEED9807146) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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OceanLight Acquisition closes IPO of 10,000,000 units at $10 each

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