OceanLight Acquisition closes IPO of 10,000,000 units at $10 each
Reuters2026/08/10 20:35- 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: 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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