UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01. | Other Events. |
On March 4, 2024, OceanTech Acquisitions I Corp., a Delaware corporation (the “Company”), issued a press release announcing that it caused to be deposited $30,000 into the Company’s trust account on March 4, 2024, for its public stockholders, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from March 2, 2024 to April 2, 2024 (the “Extension”). The Extension is the tenth of twelve, one month extensions permitted under the Company’s governing documents.
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. |
Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release dated March 4, 2024 | |
| 104 | Cover Page Interactive Data File (Embedded within the Inline XBRL document) |
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: March 4, 2024 | By: | /s/ Suren Ajjarapu |
| Name: Suren Ajjarapu | ||
| Title: Chief Executive Officer | ||
| (Principal Executive Officer) | ||
Exhibit 99.1
OceanTech
Acquisitions I Corp. Confirms Funding to Extend Period to
Consummate Initial Business Combination
New York – March 4, 2024 – OceanTech Acquisitions I Corp. (“OceanTech” or the “Company”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced that on March 4, 2024, it caused to be deposited $30,000 into the Company’s trust account for its public stockholders, allowing the Company to extend the period of time it has to consummate its initial business combination by one month from March 2, 2024 to April 2, 2024 (the “Extension”). The Extension is the tenth of twelve one-month extensions permitted under the Company’s governing documents.
About OceanTech Acquisitions I Corp.
OceanTech is a blank check company formed for the purposes of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a focus on companies in the technology industry. The Company is sponsored by Aspire Acquisition LLC.
Contacts
Investor Relations
Lena Cati
The Equity Group, Inc.
(212) 836-9611
lcati@equityny.com