Oceanhawk Acquisition upsized IPO raises $160 million at $10 unit price

Oceanhawk Acquisition Corp. Units Const of 1 Shs + 1/7 Rt

Oceanhawk Acquisition Corp. Units Const of 1 Shs + 1/7 Rt

OHACU

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  • Oceanhawk Acquisition Corp. closed an upsized IPO of 16,000,000 units at USD 10 per unit, raising USD 160 million in gross proceeds.
  • The units began trading on Nasdaq under the symbol OHACU on May 21, 2026.
  • Each unit includes one Class A ordinary share, plus one right to receive one-fourth of one Class A ordinary share upon completion of an initial business combination.
  • Once the units split, the Class A ordinary shares are expected to trade as OHAC, with the rights expected to trade as OHACR.
  • The underwriter holds a 45-day option to buy up to 2,400,000 additional units to cover over-allotments.


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. Oceanhawk Acquisition Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260522002713) on May 22, 2026, and is solely responsible for the information contained therein.