
Oceanhawk Acquisition Corp. (NASDAQ:OHACU) (the &#34;Company&#34;) today announced the closing of its upsized initial public offering of 16,000,000 units. The offering was priced at $10.00 per unit, resulting in aggregate gross

<p xmlns="http://www.w3.org/1999/xhtml">
Oceanhawk Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/OHACU">OHACU</a>) (the "Company") today announced the closing of its upsized initial public offering of 16,000,000 units. The offering was priced at $10.00 per unit, resulting in aggregate gross proceeds to the Company of $160,000,000. The underwriter has been granted a 45-day option to purchase up to an additional 2,400,000 units offered by the Company to cover over-allotments, if any.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The units began trading on the Nasdaq Stock Market ("Nasdaq") under the ticker symbol "OHACU" on May 21, 2026. Each unit consists of one Class A ordinary share and one right to receive one-fourth of one Class A ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols "OHAC" and "OHACR", respectively.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company, which is led by Chief Executive Officer Ernest Miller, is a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. Mr. Miller has over 25 years of experience in the commodity‑driven energy sector, with a background in financial management, strategic planning and the positioning of complex, capital‑intensive companies. While the Company may pursue an initial business combination in any industry or sector, it intends to focus on high‑potential businesses globally, leveraging the experience and network of the Oceanhawk platform.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Benchmark Company, LLC acted as the sole book-running manager for the offering.

</p><p xmlns="http://www.w3.org/1999/xhtml">
A registration statement on Form S-1 relating to these securities has been filed with the Securities and Exchange Commission ("SEC") and became effective on May 20, 2026. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Oceanhawk Acquisition Corp.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Oceanhawk Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. Oceanhawk Acquisition Corp. is sponsored by Oceanhawk Acquisition I Sponsor LLC, an affiliate of Oceanhawk, a private investment firm, and intends to leverage Oceanhawk's experience, network and operating platform in identifying and evaluating potential business combination opportunities.

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<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release includes forward-looking statements. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the Company's search for an initial business combination, are subject to risks and uncertainties, 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 final prospectus for the offering filed with the SEC, any of which could cause actual results to differ from such forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company'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 xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260522002713r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260522002713/en/" rel="nofollow">https://www.businesswire.com/news/home/20260522002713/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Ernest B. Miller
<br xmlns="http://www.w3.org/1999/xhtml"></br>Chief Executive Officer
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@ohac1.com" shape="rect">info@ohac1.com</a>

</p>

OHACU

Oceanhawk Acquisition Corp. Announces Closing of Upsized $160,000,000 Initial Public Offering

Oceanhawk Acquisition Corp. Raises $160 Million in IPO

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Oceanhawk Acquisition Corp. (NASDAQ:OHACU) (the &amp;#34;Company&amp;#34;) today announced the closing of its upsized initial public offering of 16,000,000 units. The offering was priced at $10.00 per unit, resulting in aggregate gross</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Oceanhawk Acquisition Corp. successfully closed its upsized IPO, raising $160 million. This significant amount provides substantial financial leverage as the company seeks attractive business combination opportunities globally, potentially enhancing investor sentiment and stock valuation.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Oceanhawk Acquisition Corp. closed $160 million IPO of 16 million units.</li><li>Units priced at $10 each; total IPO gross proceeds is $160 million.</li><li>The underwriter has a 45-day option for 2.4 million additional units.</li><li>Units started trading on Nasdaq under symbol OHACU from May 21, 2026.</li><li>Company aims for business combinations in high-potential industries globally.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>The Benchmark Company, LLC (N/A)</strong>: Acted as the sole book-running manager for the successful IPO.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news fits under &#039;Corporate Developments&#039; as it marks a significant financial milestone for OHACU. The successful IPO is a critical step in establishing the company’s market position and funding its future business activities.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Closing of IPO reduces liquidity risk and provides strong additional capital for acquisitions.</li><li>Potential pursuit of high-potential businesses could enhance future revenue streams.</li><li>Underwriter’s option for additional units indicates strong market demand.</li><li>Trade commencement on Nasdaq increases visibility and investor interest.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>IPO closed with gross proceeds of $160 million from selling 16 million units.</li><li>Each unit priced at $10 includes a right to receive shares in mergers.</li><li>Units began trading under the ticker OHACU on May 21, 2026.</li><li>The underwriter may purchase an additional 2.4 million units within 45 days.</li><li>Company is led by Ernest Miller, with extensive experience in energy sector.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>OHACU is likely to gain momentum as IPO proceeds enable strategic mergers within high-growth sectors.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Oceanhawk Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/OHACU">OHACU</a>) (the "Company") today announced the closing of its upsized initial public offering of 16,000,000 units. The offering was priced at $10.00 per unit, resulting in aggregate gross proceeds to the Company of $160,000,000. The underwriter has been granted a 45-day option to purchase up to an additional 2,400,000 units offered by the Company to cover over-allotments, if any.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The units began trading on the Nasdaq Stock Market ("Nasdaq") under the ticker symbol "OHACU" on May 21, 2026. Each unit consists of one Class A ordinary share and one right to receive one-fourth of one Class A ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols "OHAC" and "OHACR", respectively.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company, which is led by Chief Executive Officer Ernest Miller, is a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. Mr. Miller has over 25 years of experience in the commodity‑driven energy sector, with a background in financial management, strategic planning and the positioning of complex, capital‑intensive companies. While the Company may pursue an initial business combination in any industry or sector, it intends to focus on high‑potential businesses globally, leveraging the experience and network of the Oceanhawk platform.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Benchmark Company, LLC acted as the sole book-running manager for the offering.

</p><p xmlns="http://www.w3.org/1999/xhtml">
A registration statement on Form S-1 relating to these securities has been filed with the Securities and Exchange Commission ("SEC") and became effective on May 20, 2026. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Oceanhawk Acquisition Corp.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Oceanhawk Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. Oceanhawk Acquisition Corp. is sponsored by Oceanhawk Acquisition I Sponsor LLC, an affiliate of Oceanhawk, a private investment firm, and intends to leverage Oceanhawk's experience, network and operating platform in identifying and evaluating potential business combination opportunities.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release includes forward-looking statements. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the Company's search for an initial business combination, are subject to risks and uncertainties, 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 final prospectus for the offering filed with the SEC, any of which could cause actual results to differ from such forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company'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 xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260522002713r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260522002713/en/" rel="nofollow">https://www.businesswire.com/news/home/20260522002713/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Ernest B. Miller
<br xmlns="http://www.w3.org/1999/xhtml"></br>Chief Executive Officer
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@ohac1.com" shape="rect">info@ohac1.com</a>

</p>

Oceanhawk Acquisition Corp. successfully closed its upsized IPO, raising $160 million. This significant amount provides substantial financial leverage as the company seeks attractive business combination opportunities globally, potentially enhancing investor sentiment and stock valuation.

Oceanhawk Acquisition Corp. Announces Closing of Upsized $160,000,000 Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News