Financing ·
OceanLight Acquisition Corporation consummated its initial public offering on August 10, 2026, selling 10,000,000…
OCLTOceanLight Acquisition Corp
OceanLight Acquisition Corporation consummated its initial public offering on August 10, 2026, selling 10,000,000 units at $10.00 per unit for $100 million in gross proceeds. On August 24, 2026, the underwriters exercised their over-allotment option in full to purchase an additional 1,500,000 units, generating $15 million in additional gross proceeds. Simultaneously, the company completed a private placement of 7,500 units to its sponsor for $75,000. Total net proceeds of $115 million were deposited into a trust account. OceanLight Acquisition Corporation operates as a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, or similar business combination.