{"url_path":"/sec/cik-0001926314/8-k/2026-06-15/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1926314/0001493152-26-028579-index.html","accession_number":"0001493152-26-028579","cik":"0001926314","ticker":null,"issuer_name":"Ocean Capital Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1926314/0001493152-26-028579-index.html","primary_entity_key":"0001926314","primary_entity_name":"Ocean Capital Acquisition Corp"},"word_count":333,"has_tables":true,"body_markdown":"**Item 8.01.\nOther Events.**\n\n \n\nA\ntotal of $115,000,000 of the proceeds from the IPO and the exercise of the accompanying over-allotment option and the sale\nof the Private Placement Units (which amount includes up to $4,025,000 of the underwriters’ deferred underwriting commissions),\nwas placed in a U.S.-based trust account maintained by Odyssey Transfer & Trust Company, acting as trustee, with the remaining $525,000\nof net proceeds not held in the trust account (a portion of which will be used to pay offering expenses). Except with respect to interest\nearned on the funds in the trust account that may be released to the Company to pay its taxes and up to $100,000 for dissolution expenses,\nthe funds held in the trust account will not be released from the trust account until the earliest of (i) the completion of the Company’s\ninitial business combination, (ii) the redemption of the Company’s public shares if it is unable to complete its initial business\ncombination within 12 months from the closing of the IPO (or by such earlier liquidation date as the Company’s board of directors\nmay approve), subject to applicable law, and (iii) the redemption of the Company’s public shares properly submitted in connection\nwith a shareholder vote to amend the Company’s Amended and Restated Memorandum and Articles of Association to modify the substance\nor timing of its obligation to redeem 100% of the Company’s public shares if it has not consummated an initial business combination\nwithin 12 months from the closing of the IPO or with respect to any other material provisions relating to shareholders’ rights\nor pre-initial business combination activity.\n\n \n\nOn\nJune 8, 2026, the Company issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this\nCurrent Report on Form 8-K.\n\n \n\nOn\nJune 10, 2026, the Company issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this\nCurrent Report on Form 8-K.\n\n \n\n3"}