• Oceanscape International received a letter of demand dated May 6 from former continuing sponsor Evolve Capital Advisory seeking about S$ 240,000 in allegedly unpaid fees.
• Demand seeks full payment plus accrued interest within seven days of letter date.
• Company flagged discrepancies in Evolve Capital invoices, requested supporting information, then said it had not received adequate clarification before demand arrived.
• Legal advice being sought before substantive response; company said it will update on any material developments, including potential financial impact.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oceanscape International Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 278LPALEVTGLZHLK) on May 12, 2026, and is solely responsible for the information contained therein.