OceanLight Acquisition to merge with AIRE in deal valuing AIRE at $1 billion

Bitget2026/09/28 22:00

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OceanLight Acquisition Corporation agreed to merge with AIRE in a deal valuing AIRE at USD 1 billion.
AIRE would become a wholly owned unit of a new parent, AIRE Global Group, which would remain publicly listed.
Consideration includes Closing Payment Shares equal to the USD 1 billion value divided by USD 10.00.
AIRE operates a home textile and green sleep technology business, targeting growth in U.S. textile trading.

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: 202609281800PRIMZONEFULLFEED9835430) on September 28, 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 to merge with AIRE in deal valuing AIRE at $1 billion

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