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AI brief of an SEC Form 8-K · OceanLight Acquisition Corp (OCLT)

OceanLight Acquisition closes $15 million over-allotment, bringing IPO to $115 million

Neutral Impact 2 of 5 financing Written later

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.

Key points

  • 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

The filing

CompanyOceanLight Acquisition Corp (OCLT)
Form8-K, current report
Filed with the SECAug 27, 2026, 4:15 PM ET
Accession number0001829126-26-009426

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 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 August 27, 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.