OceanLight Acquisition prices USD 100 million IPO at USD 10 per unit

Reuters2026/08/12 20:31

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OceanLight Acquisition priced an IPO of 10,000,000 units at USD 10 per unit, raising USD 100 million.
Units begin trading on Nasdaq under OCLTU; each unit includes 1 ordinary share, 1 right for 1/4 share, 1 redeemable warrant.
Each whole warrant allows purchase of 1 ordinary share at USD 11.5; shares, rights, warrants expected to trade as OCLT, OCLTR, OCLTW.
Deal set to close Aug. 10, subject to customary conditions; underwriters hold a 45-day option for 1,500,000 additional units.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-008704), on August 12, 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 prices USD 100 million IPO at USD 10 per unit

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