Ocean Capital Acquisition registered to offer 6 million units, each consisting of one ordinary share, one-half of a warrant and one right to receive one-tenth of a share.
The SPAC said it will target established businesses, but did not cite any specific sector.
The sponsor is SB Capital Holding Corporation.
CEO, CFO and Chairman Hin Wing (Simon) Wong is the managing partner and the responsible officer of Hermitage Capital HK Limited, a private equity firm licensed under the Securities and Futures Ordinance.
The SPAC has applied for a Nasdaq listing, but has not yet selcted ticker symbols for its units, sharews, rights and warrants. Ladenburg Thalmann is sole book-running manager of the offering. Read more.
