# OceanLight Acquisition Corp — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_a8e77c2030037a7544b6 · retrieved 2026-08-16T21:24:05.535Z

## Overview
OceanLight Acquisition Corporation is a blank-check company formed to identify and consummate an initial business combination with an operating business.

OceanLight Acquisition Corporation, a blank-check company, consummated its initial public offering on August 10, 2026, selling 10,000,000 units at $10.00 per unit for total gross proceeds of $100,000,000. Each unit consists of one ordinary share, one warrant exercisable for one ordinary share at $11.50 per share, and one right to receive one-fourth of one ordinary share upon consummation of an initial business combination. Polaris Advisory Partners LLC, a division of Kingswood Capital Partners LLC, acted as sole book-running manager. The underwriters received a 45-day option from the prospectus effective date to purchase up to an additional 1,500,000 units at the IPO price to cover over-allotments.

## Terms
- Counterparty: Polaris Advisory Partners LLC, a division of Kingswood Capital Partners LLC · Deal value: $100.0M · Consideration: cash · Price/share: $10

## Key dates
- Announced 2026-08-12

## Timeline
- 2026-08-12 · 8-K (0001829126-26-008704): 8-K - OceanLight Acquisition Corp — *OceanLight Acquisition Corporation is a blank-check company formed to identify and consummate an initial business combination with an operating business.* OceanLight Acquisition Corporation, a blank-check company, consummated its initial public offering on August 10, 2026, selling 10,000,000 units at $10.00 per unit for total gross proceeds of $100,000,000. Each unit consists of one ordinary share, one warrant exercisable for one ordinary share at $11.50 per share, and one right to receive one-fourth of one ordinary share upon consummation of an initial business combination. Polaris Advisory Partners LLC, a division of Kingswood Capital Partners LLC, acted as sole book-running manager. The underwriters received a 45-day option from the prospectus effective date to purchase up to an additional 1,500,000 units at the IPO price to cover over-allotments.
  https://www.sec.gov/Archives/edgar/data/2137679/0001829126-26-008704.txt

## Citations
- 0001829126-26-008704 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626008704