Ocean Capital Acquisition Corporation has priced its initial public offering of 10,000,000 units at $10.00 per unit, aiming to raise $100 million. The blank check company, incorporated in the British Virgin Islands, structured each unit to include one ordinary share, one redeemable warrant, and one right to receive one ordinary share upon a future business combination. The redeemable warrants allow holders to purchase one ordinary share at $11.50 per share, subject to adjustments.

The units are scheduled to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol "OCACU" on June 9, 2026. The company anticipates the IPO to close on June 10, 2026, pending customary closing conditions. Once the components of the units start trading separately, the ordinary shares, warrants, and rights will be listed on the NYSE under the symbols "OCAC", "OCACW", and "OCACR", respectively.

A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC, serves as the co-manager. The company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 units to cover over-allotments.

Offering Details

The offering is made pursuant to a registration statement on Form S-1 (File No. 333-282462), which was declared effective by the U.S. Securities and Exchange Commission (SEC) on June 8, 2026. The table below summarizes the key components of the IPO:

Ocean Capital Acquisition Corporation was formed to effect a merger, share exchange, asset acquisition, or similar business combination with one or more businesses. The company intends to search for target businesses across various industries without specific sector limitations.