Rhea-AI Summary
Oceanhawk Acquisition (Nasdaq: OHAC) priced an upsized $160 million IPO, offering 16,000,000 units at $10.00 each. Units, trading as OHACU from May 21, 2026, include one Class A share and one right to receive one-fourth of a share after a business combination.
The underwriter has a 45-day option for 2,400,000 additional units. Shares and rights are expected to trade separately as OHAC and OHACR. The SPAC targets high-potential global businesses and expects the offering to close May 22, 2026, following SEC effectiveness on May 20, 2026.
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FAQ
What is the current stock price of Oceanhawk Acquisition (OHAC)?
Oceanhawk Acquisition (OHAC) last closed at $10.
What is the market cap of Oceanhawk Acquisition (OHAC)?
The market cap of Oceanhawk Acquisition (OHAC) is approximately $250.6M.