Current Report Filing (8-k)
11 May 2023 - 6:31AM
Edgar (US Regulatory)
0001846809
false
0001846809
2023-05-09
2023-05-09
0001846809
OTEC:UnitsEachConsistingOfOneShareOfClassCommonStockAndOneRedeemableWarrantMember
2023-05-09
2023-05-09
0001846809
OTEC:ClassaCommonStock0.0001ParValuePerShareMember
2023-05-09
2023-05-09
0001846809
OTEC:RedeemableWarrantsEachExercisableForOneShareOfClassCommonStockAtExercisePriceOf11.50PerShareMember
2023-05-09
2023-05-09
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 9, 2023
OceanTech
Acquisitions I Corp.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or other jurisdiction of incorporation)
001-40450 |
|
85-2122558 |
(Commission
File Number) |
|
(IRS
Employer Identification No.) |
515
Madison Avenue, 8th Floor – Suite 8133
New
York, New
York 10022
Registrant’s
telephone number, including area code (929)
412-1272
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
|
☒ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
|
|
☐ |
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
|
|
☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
|
|
☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class |
|
Trading
Symbol(s) |
|
Name
of Each Exchange on Which
Registered |
Units,
each consisting of one share of Class A Common Stock and one Redeemable Warrant |
|
OTECU |
|
The
Nasdaq Stock Market LLC |
Class A
Common Stock, $0.0001 par value per share |
|
OTECO |
|
The
Nasdaq Stock Market LLC |
Redeemable
Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share |
|
OTECW |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Addition
of Approximate Price Per Share in Connection with Redemptions
On
May 9, 2023, OceanTech Acquisition I Corp., a Delaware Corporation (the “Company”), filed its definitive proxy statement
(“Extension Proxy”) with the SEC on Schedule 14A. In connection with the redemption or repurchase of the Company’s
Class A common stock as set forth in the Extension Proxy, the approximate price per share paid for redemptions will be $10.79 per share.
Additional
Information and Where to Find It
This
Current Report on Form 8-K is provided for informational purposes only and has been prepared to assist interested parties in making their
own evaluation with respect to the Extension Proxy. All of the proposals are described in detail in the Company’s Extension Proxy
filed with the Securities and Exchange Commission on May 9, 2023.
No
Offer or Solicitation
This
Current Report on Form 8-K is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities
or in respect of the Extension Proxy and shall not constitute an offer to sell or a solicitation of an offer to buy any securities nor
shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior
to registration or qualification under the securities laws of any such state or jurisdiction. No offer of securities shall be made except
by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom.
Participants
in Solicitation
OceanTech
and is respective directors and executive officers may be deemed participants in the solicitation of proxies from OceanTech’s shareholders
in connection with the Proposed Transaction. OceanTech’s shareholders and other interested persons may obtain, without charge,
more detailed information regarding the directors and officers of OceanTech in OceanTech’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2022, which was filed with the SEC on March 31, 2023. Information regarding the persons who may, under SEC rules,
be deemed participants in the solicitation of proxies to OceanTech’s shareholders in connection with the Extension Proxy will be
set forth in the proxy statement/prospectus for the Proposed Transaction, when available. Additional information regarding the interests
of participants in the solicitation of proxies in connection with the Proposed Transaction will be included in the proxy statement/prospectus
that OceanTech intends to file with the SEC.
|
Item 9.01. |
Financial Statements
and Exhibits. |
104 | | Cover
Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, OceanTech has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
OCEANTECH
ACQUISITIONS I CORP.
|
|
|
|
Date:
May 10, 2023 |
By: |
/s/
Suren Ajjarapu |
|
|
Name:
Suren Ajjarapu
Title:
Chief Executive Officer
(Principal
Executive Officer) |
OceanTech Acquisitions I (NASDAQ:OTEC)
Historical Stock Chart
From May 2024 to Jun 2024
OceanTech Acquisitions I (NASDAQ:OTEC)
Historical Stock Chart
From Jun 2023 to Jun 2024