New York, New York, June  08, 2026  (GLOBE NEWSWIRE) -- Ocean Capital Acquisition Corporation, a blank check company incorporated in the British Virgin Islands as an exempted company with limited liability (the

OCAC

Ocean Capital Acquisition Corporation Prices $100 Million Initial Public Offering

Ocean Capital Acquisition debuts with $10 unit IPO, multi-instrument structure

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, New York, June  08, 2026  (GLOBE NEWSWIRE) -- Ocean Capital Acquisition Corporation, a blank check company incorporated in the British Virgin Islands as an exempted company with limited liability (the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Ocean Capital Acquisition priced a 10-million unit IPO at $10 per unit, with each unit comprising one share, one redeemable warrant, and a right to receive a share on a future business combination. The warrants carry a $11.50 strike, subject to adjustments. Unit trading begins on June 9 with OCACU; separate trading for OCAC, OCACW, and OCACR follows after separation, with a potential over-allotment up to 1.5 million units and an expected close on June 10.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Ocean Capital priced IPO: 10M units at $10. Each unit includes share, warrant, right.</li><li>Warrant price $11.50, subject to adjustments.</li><li>Units trade on NYSE as OCACU starting June 9; later OCAC, OCACW, OCACR.</li><li>Over-allotment option up to 1.5M units; closing expected June 10.</li><li>A.G.P./Alliance Global Partners is sole book-runner; Brookline co-manager.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Ocean Capital Acquisition Corporation (OCAC)</strong>: Primary SPAC; IPO priced and listed; identifies target for a business combination.</li><li><strong>OCACU (OCACU)</strong>: Units to trade on NYSE starting June 9; provides initial liquidity and optionality.</li><li><strong>OCACW (OCACW)</strong>: Warrants to trade after unit separation; value tied to future deal terms.</li><li><strong>OCACR (OCACR)</strong>: Rights to receive ordinary shares upon business combination; optionality depends on deal timing.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The OCAC IPO pricing signals capital-raising readiness and sets the framework for a future merger target, typical of SPAC dynamics and post-listing liquidity considerations.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>IPO priced at $10 per unit sets near-term base for OCAC movement.</li><li>Warrants at $11.50 may influence optionality if a deal emerges.</li><li>Separate trading starts with OCACU; later OCAC, OCACW, OCACR could diverge.</li><li>45-day over-allotment option adds potential supply and volatility.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>10,000,000 units priced at $10 each.</li><li>Warrants exercisable at $11.50 per share.</li><li>NYSE tickers: OCACU (units), OCAC (shares), OCACW (warrants), OCACR (rights).</li><li>Close date expected June 10, 2026; unit trading starts June 9, 2026.</li><li>Over-allotment option: up to 1,500,000 Units; 45-day window.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral near-term; potential upside if a strong target is announced within 12–24 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify"><strong>New York, New York, June  08, 2026  (GLOBE NEWSWIRE) -- </strong>Ocean Capital Acquisition Corporation, a blank check company incorporated in the British Virgin Islands as an exempted company with limited liability (the "Company"), today announced the pricing of its initial public offering (the "IPO" or this "Offering") of 10,000,000 units (the "Units") at an offering price of $10.00 per Unit, with each Unit consisting of one ordinary share, one redeemable warrant, and one right to receive one ordinary share upon the consummation of an initial business combination. Each redeemable warrant entitles the holder thereof to purchase one ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments.</p>  <p align="justify">The Units are expected to trade on the New York Stock Exchange ("NYSE") under the ticker symbol "OCACU" beginning on June 9, 2026. The Company expects the IPO to close on June 10, 2026, subject to customary closing conditions. Once the securities comprising the Units begin separate trading, the ordinary shares, warrants, and the rights are expected to be traded on the NYSE under the symbols "OCAC", "OCACW," and "OCACR," respectively.</p>  <p align="justify">A.G.P./Alliance Global Partners ("A.G.P.") is acting as the sole book-running manager for the offering.</p>  <p align="justify">Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as the co-manager for the offering.</p>  <p align="justify">The Company has granted A.G.P. a 45-day option to purchase up to an additional 1,500,000 Units to cover over-allotments, if any.</p>  <p align="justify">A registration statement on Form S-1 relating to the securities, as amended (File No. 333-282462) was previously filed with the U.S. Securities and Exchange Commission (&#34;SEC&#34;) and declared effective on June 8, 2026. This Offering is being made only by means of a prospectus forming part of the effective registration statement. Copies of the prospectus are available on the SEC's website at <a href="https://www.globenewswire.com/Tracker?data=o-FqQpI7TpodEIOI8KAgpOIHjGVTtfz5B5izDNfoVRJkAluW1jrGJJQ_IF5xUYF6m_yaSedBFDVCKzUQKYVYrw==" rel="nofollow" target="_blank"><i>www.sec.gov</i></a>. Electronic copies of the prospectus may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, by telephone at (212) 624-2060, or by email at <a href="https://www.globenewswire.com/Tracker?data=ZOT5gUwayopb8y7Cetcq6XbEqML5WTKx85o9D6akB31r-G8iOz2csASCy1F-uriHyxcXeAdNFitLrofIYkvVlkLr82M49Wg0swBWqc33dgAGWFxqZN1YfH2i_S7IxDX1" rel="nofollow" target="_blank">prospectus@allianceg.com</a>.</p>  <p align="justify"><i>This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. No securities regulatory authority has either approved or disapproved of the contents of this press release.</i></p>  <p align="justify"><b>About Ocean Capital Acquisition Corporation</b></p>  <p align="justify">The Company is a blank check company incorporated in the British Virgin Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company intends to conduct a search for target businesses without being limited to a particular industry.</p>  <p align="justify"><b>Forward-Looking Statements</b></p>  <p align="justify">This press release contains statements that constitute "forward-looking statements," including with respect to the IPO and search for an initial business combination. No assurance can be given that the Offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the Offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC's website at <i><a href="https://www.globenewswire.com/Tracker?data=o-FqQpI7TpodEIOI8KAgpMCw3y9vCOmMVO65Y_tJn1kZ7hl_4IfQVmzrRkkBypxXKKCu0jYIEl3VFXvWxQty8g==" rel="nofollow" target="_blank">www.sec.gov</a></i>. The Company undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company&#39;s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.</p>  <p align="justify"><b>Contact: </b><br></br>Ocean Capital Acquisition Corporation<br></br>Attn: Stephen Sze <br></br>E-mail: <a href="https://www.globenewswire.com/Tracker?data=iX9GpsQWxwSpXA3aK0FBCkUPHsVY__LECvkYa3S6mRwrP-jueZJvvaMFsZXofXVAzhPMhTe6U5hdndgho01KxMbIyZTd68YLwLHQifMMYlXGmt2aSH_EF2FbpcHmdpXE" rel="nofollow" target="_blank">stephen@poseidonocean.net</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTczMzc0MSM3NjUyNDEwIzUwMDE2MzczOA=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YWViZDdkMTEtNzBlOS00ZTM0LWEwMzEtYmI0MmMyMDhhM2EzLTUwMDE2MzczOC0yMDI2LTA2LTA4LWVu/tiny/Ocean-Capital-Acquisition-Corp.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/06e0c002-8398-481a-a60a-3c56c651cf62"><img src="https://ml.globenewswire.com/media/06e0c002-8398-481a-a60a-3c56c651cf62/small/oc-logo-1-1-jpg.jpg" border="0" width="150" height="65" alt="Primary Logo"></img></a></p>

Ocean Capital Acquisition priced a 10-million unit IPO at $10 per unit, with each unit comprising one share, one redeemable warrant, and a right to receive a share on a future business combination. The warrants carry a $11.50 strike, subject to adjustments. Unit trading begins on June 9 with OCACU; separate trading for OCAC, OCACW, and OCACR follows after separation, with a potential over-allotment up to 1.5 million units and an expected close on June 10.

Ocean Capital Acquisition Corporation Prices $100 Million Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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