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)
25-NSE
Exchange delisting
20 Sep 24
425
Business combination disclosure
28 Aug 24
8-K
Changes in Registrant's Certifying Accountant
28 Aug 24
RW
Registration withdrawal request
5 Jun 24
425
Business combination disclosure
5 Jun 24
8-K
OceanTech Acquisition I Corp. Announces Delisting, Termination of Business Combination Agreement with Regentis Biomaterials Ltd. and Delisting of the Company
5 Jun 24
10-Q
2024 Q1
Quarterly report
28 May 24
425
Business combination disclosure
22 May 24
8-K
OceanTech Acquisitions I Corp. Receives Failure to Satisfy a Continued Listing Rule from Nasdaq
22 May 24
NT 10-Q
Notice of late quarterly filing
15 May 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) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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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) | 17.18 k | 17.18 k | 17.18 k | 17.18 k | 17.18 k | 17.18 k |
Cash burn (monthly) | 28.00 k | (no burn) | 531.25 k | 311.00 k | 84.16 k | 89.01 k |
Cash used (since last report) | 160.56 k | n/a | 3.05 mm | 1.78 mm | 482.66 k | 510.47 k |
Cash remaining | -143.37 k | n/a | -3.03 mm | -1.77 mm | -465.47 k | -493.29 k |
Runway (months of cash) | -5.1 | n/a | -5.7 | -5.7 | -5.5 | -5.5 |
Institutional ownership, Q4 2023
82.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 33 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 2.89 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
OceanTech Acquisitions I Sponsors | 2.58 mm | $0.00 |
Walleye Capital | 312.80 k | $0.00 |
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 |