AI brief of an SEC Form 8-K · Ocean Capital Acquisition Corp (OCAC)

Ocean Capital Acquisition sponsor ownership fully transferred to Chi-Ping Cindy Lee

Neutral Impact 2 of 5 shareholder Written later

On September 17, 2026, all issued and outstanding equity interests in Ocean Capital Acquisition Corporation's sponsor, SB Capital Holding Corporation, were transferred to Chi-Ping Cindy Lee, who now owns 100% of the sponsor. The sponsor remains the company's sponsor and holds the same number of company securities, and its existing rights and obligations are unchanged, so the filing describes an ownership change rather than a change in operations.

Key points

  • Transfers of 3,833,333 sponsor ordinary shares completed on September 17, 2026, per the filing.
  • Poseidon Ocean Corporation transferred 3,813,333 shares; Hin Wing Wong, Hiu Man Cheng, Pok Yu Augustine Chow and Man Kai Anthony Ho each transferred 5,000 shares.
  • Sponsor continues to hold the same number of company securities and its IPO-related agreement rights remain unchanged.

The filing

CompanyOcean Capital Acquisition Corp (OCAC)
Form8-K, current report
Filed with the SECSep 21, 2026, 8:00 AM ET
Accession number0001493152-26-043481

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.