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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 23, 2022

 

OceanTech Acquisitions I Corp.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction of incorporation)

 

001-40450   85-2122558
(Commission File Number)   (IRS Employer Identification No.)

 

515 Madison Avenue, 8th Floor - Suite 8133

New York, New York 10022

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code (929) 412-1272

 

     
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  x Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Units, each consisting of one share of Class A Common Stock and one Redeemable Warrant   OTECU   The Nasdaq Stock Market LLC
Class A Common Stock, $0.0001 par value per share   OTECO   The Nasdaq Stock Market LLC
Redeemable Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share   OTECW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 8.01.Other Events.

 

On May 23, 2022, OceanTech Acquisitions I Corp., a Delaware corporation (the “Company”), issued a press release announcing that its sponsor, OceanTech Acquisitions I Sponsors LLC (the “Sponsor”), has requested that the Company extend the date by which the Company has to consummate a business combination from June 2, 2022 to December 2, 2022 (the “Extension”). The Extension is permitted under the Company’s governing documents. In connection with the Extension, the Sponsor has notified the Company that it intends to purchase 1,548,900 private placement warrants at $1.00 per warrant by depositing an aggregate of $1,548,900 (representing $0.15 per public share) into the Company’s trust account prior to June 2, 2022. The Company will announce the closing and deposit of the $1,548,900 into the Company’s trust account prior to the deadline of June 2, 2022. The Extension provides the Company with additional time to complete its initial business combination (the “Business Combination”).

 

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01.Financial Statements and Exhibits.

 

(d)       Exhibits.

 

Exhibit No. Description
   
99.1 Press Release dated May 23, 2022
   
104 Cover Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  OCEANTECH ACQUISITIONS I CORP.
     
Date: May 23, 2022 By:  /s/ Joseph Adir
    Name: Joseph Adir
    Title: Chief Executive Officer
    (Principal Executive Officer)