Monitor for the closing of the IPO and subsequent trading of units. The SPAC has 18-24 months to identify a target; any business combination announcement will be the next major catalyst. No immediate trading signal beyond the IPO pricing.
Price Chart
Executive Summary
OceanLight Acquisition Corporation, a blank-check company, priced its IPO of 10 million units at $10.00 per unit, with each unit consisting of one ordinary share, one right to receive one-fourth of one ordinary share upon a business combination, and one redeemable warrant. The units will trade on Nasdaq under 'OCLTU' starting today, with the IPO expected to close on August 10, 2026. This is a standard SPAC IPO with no material financial data beyond the offering structure.
Key Financial Metrics
Key Facts
- IPO of 10,000,000 units at $10.00 per unit
- Each unit consists of one ordinary share, one right (1/4 share upon business combination), and one redeemable warrant
- Warrants exercisable at $11.50 per share
- Units to trade on Nasdaq under 'OCLTU' starting August 7, 2026
- Underwriters have 45-day option to purchase up to 1,500,000 additional units for over-allotments
- IPO expected to close on August 10, 2026
Financial Impact
Gross proceeds of $100 million from base offering, with potential additional $15 million from over-allotment
Risk Factors
- SPAC may fail to identify a suitable target within the required timeframe
- Dilution from warrants and rights upon business combination
- Market conditions may affect unit trading price post-IPO
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3341125 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 26d ago | 425 | $9.90 $9.90 | · 0.00% | ▼ −1.91% | $9.90 (−0.00%) |
Sep 30, 2026 26d ago | 8-K | $9.90 $9.90 | · 0.00% | ▼ −1.91% | $9.90 (−0.00%) |
Sep 28, 2026 28d ago | Press Release | $9.90 $9.89 | ▼ −0.10% | ▼ −2.05% | $9.90 (−0.00%) |
Sep 8, 2026 6w ago | 3 | — | awaiting T+5 | — | — |
Aug 14, 2026 10w ago | 8-K | — | awaiting T+5 | — | — |
Aug 10, 2026 11w ago | EFFECT | — | awaiting T+5 | — | — |
Aug 7, 2026 11w ago | Press Release | — | awaiting T+5 | — | — |
Jul 8, 2026 15w ago | S-1/A | — | awaiting T+5 | — | — |
US Market Status
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