Every material Form 8-K OceanLight Acquisition Corp has filed with the SEC since August 27, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
OceanLight Acquisition Corp, a special purpose acquisition company listed on Nasdaq, entered into a merger agreement on September 28, 2026 with AIRE Inc., a Cayman Islands home textile and green sleep technology company. AIRE would become a wholly owned subsidiary of a new publicly traded holding company, with AIRE shareholders receiving shares valued at $1.0 billion. The deal is subject to shareholder approvals, an SEC-effective registration statement and Nasdaq listing approval, so completion is not assured.
Agreement signed September 28, 2026; AIRE shareholders to receive 100,000,000 Purchaser ordinary shares valued at $10.00 per share, based on a $1.0 billion Company net value
Post-closing board of Purchaser expected to have five directors, all designated by AIRE, three of them independent under Nasdaq rules
Either party may terminate if closing has not occurred by August 10, 2027; a $500,000 break-up fee applies in certain termination circumstances
Closing requires approval by both OceanLight and AIRE shareholders, effectiveness of a Form F-4 registration statement and Nasdaq listing approval
OceanLight Acquisition Corporation, a blank check company, said holders of its units may elect to separately trade the ordinary shares, rights and warrants starting on or about September 11, 2026. The change is administrative and does not alter the terms of the securities or the company's business combination search.
Separate trading of ordinary shares, rights and warrants begins on or about September 11, 2026.
Separated securities are expected to trade under OCLT (shares), OCLTR (rights) and OCLTW (warrants) on the Nasdaq Capital Market.
Units not separated continue to trade on the Nasdaq Global Market as OCLTU.
Holders must have brokers contact Continental Stock Transfer & Trust Company to separate units; each warrant exercises at $11.50 per share.
OceanLight Acquisition Corp said underwriters exercised in full their over-allotment option for 1,500,000 additional units, with the closing on August 24, 2026, generating $15,000,000 in gross proceeds. The sponsor also bought 7,500 private placement units for $75,000. The filing says $115,000,000 of IPO net proceeds from the Units, Option Units and Private Placement Units was placed in a trust account.
Underwriters exercised the over-allotment option in full on August 21, 2026, buying 1,500,000 Option Units at $10.00 each; closing occurred August 24, 2026 for $15,000,000 in gross proceeds
OceanLight Capital Sponsor Ltd. bought 7,500 private placement units at $10.00 each, generating $75,000
A total of $115,000,000 ($10.00 per Unit) of net proceeds was placed in a trust account maintained by Continental Stock Transfer & Trust Company
Pro forma public shares subject to redemption rise to 11,500,000 from 10,000,000
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every OceanLight Acquisition Corp filing is on SEC EDGAR ↗. 8-K briefs of other companies →