Blue Ocean Acquisition Corp.

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General Information
Business:
We intend to concentrate on the high-growth Internet, media and adjacent industry segments, including online marketplaces, content and subscription management, education and training, advertising technology and direct-to-consumer businesses (collectively the “Internet & Digital Media Sector”) with initial enterprise valuations between $750.0 million and $2.0 billion. We intend to seek opportunities globally, with a particular emphasis on large population, high-growth emerging regions in Asia and Latin America, as well as in North America, including the United States. (Incorporated in the Cayman Islands) 
Marcus Brauchli, Blue Ocean’s chairman, has been co-founder and managing partner of North Base Media since January 2014. Previously he was vice president of Graham Holdings Company (NYSE: GHCO) and its predecessor, The Washington Post Co., from July 2008 until December 2013, where he developed digital opportunities for a group that included The Washington Post, the Post-Newsweek television stations, the Cable One group and Slate, a digital site. From September 2008 to December 2012, he was the executive editor of The Washington Post (the “Post”) and oversaw the Post’s budget and a newsroom of more than 700 journalists. He drove significant changes in the Post’s digital operation, which quadrupled its audience. Mr. Brauchli came to the Post from a 24-year career at Dow Jones & Co., where he was a vice president and the top editor of The Wall Street Journal (“WSJ”) at the time the company was acquired by News Corp. in a $5.6 billion transaction.
(Note: Blue Ocean Acquisition Corp. upsized its SPAC IPO at pricing on Dec. 2, 2021, to 16.5 million units, up from 15 million units, at $10 each to raise $165 million.)
Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address 2 Wisconsin Circle, 7th Floor Chevy Chase, MD 20815
Phone Number (240) 235-5049
Web Address
View Prospectus: Blue Ocean Acquisition Corp.
Financial Information
Market Cap $202.5mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol BOCNU
Exchange NASDAQ
Shares (millions): 16.5
Price range $10.00 - $10.00
Est. $ Volume $165.0 mil
Manager / Joint Managers Needham & Co.
CO-Managers -
Expected To Trade: 12/3/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change