Blue Ocean Acquisition

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)	47.68 k	47.68 k	47.68 k	47.68 k	47.68 k	47.68 k
Cash burn (monthly)	4.16 k	4.56 k	285.30 k	345.03 k	135.46 k	101.32 k
Cash used (since last report)	16.73 k	18.36 k	1.15 mm	1.39 mm	544.84 k	407.51 k
Cash remaining	30.96 k	29.33 k	-1.10 mm	-1.34 mm	-497.16 k	-359.82 k
Runway (months of cash)	7.4	6.4	-3.9	-3.9	-3.7	-3.6

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Financial data from company earnings reports.

Institutional ownership, Q2 2024

Blue Ocean Acquisition institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	4	6	-33.3%
Opened positions	1	4	-75.0%
Closed positions	3	0	NEW
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	11.92 mm	836.49 mm	-98.6%
Total shares	7.22 mm	7.35 mm	-1.7%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Blue Ocean Sponsor	4.33 mm	$0.00	0.0%
Apollo Management Holdings GP	2.07 mm	$0.00	0.0%
Calamos Advisors	625.00 k	$9.69 mm	0.0%
Glazer Capital	200.00 k	$2.23 mm	NEW
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Glazer Capital	200.00 k	+200.00 k	NEW
Context Capital Management	0.00	-198.75 k	EXIT
BCK Capital Management	0.00	-74.27 k	EXIT
Cowen And	0.00	-51.10 k	EXIT
Proequities	0.00	0.00
Calamos Advisors	625.00 k	0.00	0.0%
Apollo Management Holdings GP	2.07 mm	0.00	0.0%
Blue Ocean Sponsor	4.33 mm	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

Blue Ocean Acquisition insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
5 Dec 24	Blue Ocean Sponsor	Class A Ordinary Shares	Sale back to company	Dispose D	No	No	4,353,750	0
5 Dec 24	Blue Ocean Sponsor	Class A Ordinary Shares	Conversion	Acquire C	No	No	1	4,353,750
5 Dec 24	Blue Ocean Sponsor	Class B Ordinary Shares Class A Ordinary Shares	Conversion	Dispose C	No	No	1	0
5 Dec 24	Matt Goldberg	Class A Ordinary Shares	Sale back to company	Dispose D	No	No	30,000	0
5 Dec 24	Priscilla Han	Class A Ordinary Shares	Sale back to company	Dispose D	No	No	30,000	0
5 Dec 24	Richard Leggett Jr	Class A Ordinary Shares	Sale back to company	Dispose D	Yes	No	4,353,750	0
5 Dec 24	Richard Leggett Jr	Class A Ordinary Shares	Conversion	Acquire C	Yes	No	1	4,353,750
5 Dec 24	Richard Leggett Jr	Class B Ordinary Shares Class A Ordinary Shares	Conversion	Dispose C	Yes	No	1	0
5 Dec 24	Marcus Brauchli	Class A Ordinary Shares	Sale back to company	Dispose D	Yes	No	4,353,750	0
5 Dec 24	Marcus Brauchli	Class A Ordinary Shares	Conversion	Acquire C	Yes	No	1	4,353,750

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.