0000000000-23-004568.txt : 20230607 0000000000-23-004568.hdr.sgml : 20230607 20230503113204 ACCESSION NUMBER: 0000000000-23-004568 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20230503 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: OceanTech Acquisitions I Corp. CENTRAL INDEX KEY: 0001846809 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 515 MADISON AVE., SUITE 8133 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 929-412-1272 MAIL ADDRESS: STREET 1: 515 MADISON AVE., SUITE 8133 CITY: NEW YORK STATE: NY ZIP: 10022 PUBLIC REFERENCE ACCESSION NUMBER: 0001104659-23-049944 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Preliminary Proxy Statement filed on Schedule 14A Filed April 26, 2023 File No. 001-40450 Dear Francis Knuettel II: We have reviewed your filing and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Preliminary Proxy Statement filed on Schedule 14A filed April 26, 2023 General 1. With a view toward disclosure, please tell us whether your sponsor is, is controlled by, or has substantial ties with, a non-U.S. person. If so, also include risk factor disclosure that addresses how this fact could impact your ability to complete your initial business combination. For instance, discuss the risk to investors that you may not be able to complete an initial business combination with a target company should the transaction be subject to review by a U.S. government entity, such as the Committee on Foreign Investment in the United States (CFIUS), or ultimately prohibited. Disclose that as a result, the pool of potential targets with which you could complete an initial business combination may be limited. Further, disclose that the time necessary for government review of the transaction or a decision to prohibit the transaction could prevent you from completing an initial business combination and require you to liquidate. Disclose the consequences of liquidation to investors, such as the losses of the investment opportunity Francis Knuettel II OceanTech Acquisitions I Corp. May 3, 2023 Page 2 in a target company, any price appreciation in the combined company, and the warrants, which would expire worthless. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Joseph Ambrogi at 202-551-4821 or Brigitte Lippmann at 202-551- 3713 with any questions. Sincerely, FirstName LastNameFrancis Knuettel II Division of Corporation Finance Comapany NameOceanTech Acquisitions I Corp. Office of Real Estate & Construction May 3, 2023 Page 2 cc: Andrew M. Tucker, Esq. FirstName LastName