Ocean Capital Acquisition Corporation (OCAC.W) Warrant
Each OCAC.W warrant gives the holder the right to buy 1 share of Ocean Capital Acquisition Corporation at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.00, below the strike, so the warrant is out of the money. Ocean Capital Acquisition Corporation has a market value of about $156.53M. Ocean Capital Acquisition Corporation is a SPAC (no deal announced yet). It must complete a deal by June 10, 2027 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 73.5% to the 15.65M shares outstanding.
OCAC vs strike, last 12 months
No share-price history for OCAC yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.54
From the issuer's S-1/A (2026-05-22).
Company and stock
- Company
- Ocean Capital Acquisition Corporation
- Underlying stock
- OCAC
- Share price
- $10.00
- Market cap
- $156.53M
- Shares outstanding
- 15.65M
- Value of all listed warrants
- $405.95K (0.3% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-09-25). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0353
- Price / model
Get Pro to see whether OCAC.W is cheap or rich against our model.
Dilution
- Shares outstanding
- 15.65M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 73.5%
Warrant count from filing text: public warrants.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-06-10
- Latest possible deadline
- 2027-06-10
- Trust per share
- $10.02
- Sponsor
- SB Capital Holding Corporation
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about OCAC.W
When does the OCAC.W warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of OCAC.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many OCAC.W warrants are outstanding?
11.50M listed warrants, equal to 73.5% dilution if all are exercised.