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OceanLight Acquisition Corporation closes exercise of over-allotment option, raising an additional $15,000,000. The total units sold during the IPO now reach 11,500,000.
PUBLIC · OCLTAug 24, 2026•about 4 hours ago
Amount Raised
$15 Million
Round Type
IPO
New YorkArtificial Intelligence
Description
OceanLight Acquisition Corporation announced that the underwriters exercised their over-allotment option to purchase an additional 1,500,000 units at $10.00 each. This brings the total units sold in the IPO to 11,500,000. The closing is expected to occur on August 24, 2026. Polaris Advisory Partners LLC served as the sole book-running manager for the offering.
Company Information
Company
OceanLight Acquisition Corporation
Location
New York, New York, United States
About
OceanLight Acquisition Corporation is a special purpose acquisition company. It is focused on business combinations with companies in various sectors. The company aims to leverage its capital and expertise to support other businesses in growth phases. Its headquarters is located in New York, NY.
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New YorkArtificial Intelligence