Item 8.01 Other Events.
On January 21, 2022, Blue Ocean Acquisition Corp (the "Company") announced that
the holders of the Company's units (the "Units") may elect to separately trade
the Class A ordinary shares, par value $0.0001 per share (the "Class A ordinary
shares"), and redeemable warrants included in the Units commencing on January
24, 2022 (which date is the next succeeding business day following January 23,
2022, the 52nd day following December 2, 2021, the date of the Company's
prospectus in connection with its initial public offering). Each Unit consists
of one Class A ordinary share and one-half of one redeemable warrant. Each
whole warrant entitles its holder to purchase one Class A ordinary share at a
price of $11.50 per share, subject to adjustment. Any Units not separated will
continue to trade on the Nasdaq Global Market ("Nasdaq") under the symbol
"BOCNU". Any underlying Class A ordinary shares and warrants that are separated
will trade on the Nasdaq under the symbols "BOCN" and "BOCNW," respectively. No
fractional warrants will be issued upon separation of the Units, and only whole
warrants will trade. Holders of Units will need to have their brokers contact
the Company's transfer agent, Continental Stock Transfer & Trust Company, in
order to separate the holders' Units into Class A ordinary shares and warrants.
A copy of the press release issued by the Company announcing the separate
trading of the securities underlying the Units is attached hereto as Exhibit
99.1.
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Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit
No. Description of Exhibits
99.1 Press Release, dated January 21, 2022.
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