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Starting August 3, 2026, investors in Ocean Capital Acquisition Corp will be able to trade the ordinary shares, rights, and warrants within their OCACU units as separate NYSE-listed securities.
The company filed an 8-K with the SEC on July 29 disclosing the election.
The case for separation is cleaner pricing per instrument; what complicates it is that the rights, OCACR, carry value only upon a completed business combination, and no target has been disclosed.
What each component represents Ocean Capital Acquisition Corp's units currently trade on the New York Stock Exchange under the symbol OCACU.
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