- CEO
- Surendra K. Ajjarapu
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- DE United States of America
- IPO Date
- Jul 19, 2021
- Business
- OceanTech Acquisitions I Corp. (OTECW) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company offers no specific products or services beyond its SPAC structure, which includes public equity and debt financing through its initial public offering and potential private placements to fund operations and the pursuit of a de-SPAC transaction; it targets businesses primarily in the ocean technology sector, such as marine robotics, subsea exploration, aquaculture technology, offshore renewable energy, and ocean data analytics. Headquartered in New York, New York, OceanTech Acquisitions I Corp. was formed in 2023 and operates principally in the United States, with potential global reach depending on the target acquisition. No recent major company changes, such as partnerships, funding rounds beyond its IPO, acquisitions, new product launches, strategic shifts, expansions, name changes, or reorganizations, have been publicly reported within the last 1-2 years.