OceanTech Acquisitions I Corp. (the “Company”) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Company profile
Ticker
OTEC, OTECU, OTECW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Zimmer Biomet • Enovis • Steris • Intuitive Surgical • Edwards Lifesciences • Avanos Medical • MSA Safety • INVACARE • Align Technology • Surgalign ...
SEC CIK
OTEC stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
15 Apr 24
NT 10-K
Notice of late annual filing
29 Mar 24
425
Business combination disclosure
4 Mar 24
8-K
OceanTech Acquisitions I Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination
4 Mar 24
425
Business combination disclosure
13 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
13 Feb 24
425
Business combination disclosure
30 Jan 24
8-K
OceanTech Acquisitions I Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination
30 Jan 24
425
Business combination disclosure
24 Jan 24
8-K
Other Events
24 Jan 24
Latest ownership filings
SC 13G/A
GLAZER CAPITAL, LLC
13 Feb 24
SC 13G/A
Owl Creek Asset Management, L.P.
5 Feb 24
SC 13G/A
Walleye Capital LLC
10 Jan 24
4
JEFFREY A ALTMAN
1 Jun 23
3
Initial statement of insider ownership
25 Apr 23
3
Donald G. Fell
21 Apr 23
3
Knuettel Francis II
21 Apr 23
3
SURENDRA K AJJARAPU
21 Apr 23
3
MICHAEL L PETERSON
21 Apr 23
3
Siva Saravanan
21 Apr 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
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Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 74.92 k | 74.92 k | 74.92 k | 74.92 k | 74.92 k | 74.92 k |
Cash burn (monthly) | 42.85 k | (no burn) | 205.44 k | 252.69 k | 55.15 k | 119.83 k |
Cash used (since last report) | 293.30 k | n/a | 1.41 mm | 1.73 mm | 377.42 k | 820.13 k |
Cash remaining | -218.38 k | n/a | -1.33 mm | -1.65 mm | -302.50 k | -745.21 k |
Runway (months of cash) | -5.1 | n/a | -6.5 | -6.5 | -5.5 | -6.2 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 35 |
Opened positions | 2 |
Closed positions | 2 |
Increased positions | 5 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 8.90 bn |
Total shares | 8.92 mm |
Total puts | 0.00 |
Total calls | 83.62 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
OceanTech Acquisitions I Sponsors | 2.58 mm | $0.00 |
EHP Funds | 746.32 k | $20.52 mm |
Cowen And | 703.21 k | $19.34 mm |
LMR Partners | 495.00 k | $13.61 mm |
Context Capital Management | 411.60 k | $11.00 k |
Walleye Capital | 398.99 k | $2.21 bn |
Rivernorth Capital Management | 393.23 k | $2.17 bn |
Shaolin Capital Management | 379.70 k | $945.00 k |
CVI | 369.69 k | $10.17 mm |
Yakira Capital Management | 325.00 k | $8.94 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 May 23 | Owl Creek Asset Management | Class A Common Stock, par value $0.0001 per share | Other | Dispose J | Yes | No | 10.84 | 300,925 | 3.26 mm | 0 |