OceanLight Acquisition Corporation (OCLTU) Prices $100M IPO

OceanLight Acquisition Corporation (NASDAQ:OCLTU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “OCLTU” on Friday, August 7, 2026.

The new SPAC plans to mount a generalist search for a combination target serving large underpenetrated markets with favorable industry dynamics.

OceanLight Acquisition Corporation is to be led by Chairman and Chief Executive Officer Ping Zhang. Becky Fallon, Sean Michael Deegan and Daniel M. McCabe will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 140. This offering is expected to close on Monday, August 10, 2026.

Polaris Advisory Partners LLC, a division of Kingswood Capital Partners LLC, is acting as the sole book running manager for the offering. Celine & Partners, PLLC is serving as Issuer’s Counsel with O’Melveny & Myers LLP serving as Underwriter’s Counsel. Simon & Edward LLP serves as auditor. Continental Stock Transfer & trust Company is acting as trustee.