Ocean Capital Acquisition (NYSE:OCAC) closed its $115 million IPO, including full exercise of the underwriters’ over-allotment option. The company sold 10,000,000 units at $10.00 each, with each unit including one ordinary share, one redeemable warrant and one right.
The units trade on the NYSE as OCACU, with shares, warrants and rights expected to trade separately as OCAC, OCACW and OCACR.
Ocean Capital Acquisition Corporation (NYSE:OCAC) priced its $100 million IPO, offering 10,000,000 units at $10.00 per Unit. Each Unit includes one ordinary share, one redeemable warrant exercisable at $11.50, and one right to receive one ordinary share after a business combination.
The Units are expected to begin trading on the NYSE as OCACU on June 9, 2026, with the IPO expected to close on June 10, 2026, subject to customary conditions. The company granted underwriter A.G.P./Alliance Global Partners a 45‑day option to buy up to 1,500,000 additional Units to cover over‑allotments.