OceanTech Acquisitions I Corp.

OceanTech Acquisitions I Corp.

OTEC
OceanTech Acquisitions I Corp.US flagNASDAQ Capital Market
11.75
USD
+0.05
- -
41.10MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Surendra K. Ajjarapu
Full Time Employees
4
Sector
Financial Services
Industry
Shell Companies
Address
515 Madison Avenue New York City NY United States of America 10022
IPO Date
Jul 21, 2021
Business
OceanTech Acquisitions I Corp. functioned as a special purpose acquisition company, or SPAC, lacking any substantial business operations of its own. Established in New York in 2021, the entity's primary objective was to facilitate a business combination, which could involve a merger, stock exchange, or asset acquisition, with a suitable operating enterprise. Initially, its focus for potential targets centered on businesses operating within the leisure marine, yachting, and superyachting industries. After several efforts to identify and finalize a merger, including a planned combination with Regentis Biomaterials, the company ultimately announced its liquidation and subsequently delisted its shares from Nasdaq in 2024.