TRADING QUOTES 4:18 AM June 22, 2025
[stock-market-overview stockExchange="NYSENasdaq" width="600px" title="OceanTech Acquisitions I Corp. *" equities="OTECU;OTAC;OTECW;" allowSort="true" includeChart="true" logoMaxHeight="20px" logoMaxWidth="90px" height="100%" culture="English-US"]
IPO Terms Details Business Combination Related Articles SEC Filings
SPAC Name : OceanTech Acquisitions I Corp. *
Total Public Proceeds at IPO($mm): 103.3
%Held in Trust: 101.0
$Held in Trust per Unit: $ 10.10
Mgmt's Sector Expertise/Focus: BioTech
IPO Date: 2021-05-28
Months to Complete: 12
Deadline Date: 2024-06-02
Unit Structure (OTECU)
Share (OTAC): 1 Class A Common Stock
Warrant (OTECW) 1 Warrant
Right() None
Public Warrant Terms:
Exercise Price: 11.500000000
Redemption Price: Cash/Cashless: $18.00
Redemption: Cash, Cashless or for Shares Mgmt's Discretion
Underwriters:
Book-runner(s): Maxim Group
Co-Manager(s):
Fees (Upfront/Deferred): 2%/3.5%
Lawyers:
Issuer's Counsel: Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Underwriter's Counsel: Ellenoff Grossman & Schole LLP
Additional Terms: Crescent Term: $9.20, Limitation on Redemption Rights: 15%, Can extend an additional 6 months at $0.15/share
SPAC Name: OceanTech Acquisitions I Corp. *
CURRENT FUNDS in TRUST: $9,730,044*
EST. PRO RATA AMOUNT IN TRUST: $11.20*
IMPLIED ENTERPRISE VALUE: 0
RECORD DATE: TBD
SHAREHOLDER VOTE DATE: TBD
SPAC NameSource: SEC.gov filings and SPAC Insider estimates
424B4 6-1-21 Def. Extension Proxy 10/28/22 Press Release 11/15/22 **Terminated transaction with Captura Biopharma, Inc.** Press Release 8/10/22 Super 8-K 8/10/22 Pre Extension Proxy 10/11/22

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TRADING QUOTES       Business CombinationIPO Terms Details SPAC name: %spacname% CURRENT FUNDS in TRUST: $%ending_trust_ball%* EST. PRO RATA AMOUNT IN TRUST: $%implied_cash_per_share%* IMPLIED ENTERPRISE VALUE: %impliedenterprisevalue% RECORD DATE: %businesscombinationrecorddate% SHAREHOLDER VOTE DATE: %businesscombinationshareholdervotedate% Source: SEC.gov filings and SPAC Insider estimates SPAC name: %spacname% Total Public Proceeds at IPO ($mm): %total% % Held in Trust:
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