We are a blank check company. (Incorporated in the British Virgin Islands)

Note: Ocean Capital Acquisition originally filed plans for an IPO in 2022; those plans were withdrawn in July 2024. This IPO Profile is focused on Ocean Capital Acquisition’s revived IPO plans, based on an S-1 filing on Oct. 2, 2024. 

From the prospectus:

We  have not selected any particular industry or geographic region. However, we will not undertake our initial business combination with any entity from the People’s Republic of China (“PRC”) with a variable interest entity, or VIE, structure.

Kin (Stephen) Sze is our CEO and chairman of the Board of Directors. He has more than 20 years of investment experience in the global financial market. He is responsible for formulating and implementing investment strategies, supervising various investment transactions in primary and secondary markets, managing asset allocation, evaluating investment opportunities and transaction structures. From July 2020 to October 2024, he was the executive director of Silverbricks Asset Management Company Limited. Silverbricks Asset Management Company Limited along with Silverbricks Securities Company Limited are primarily engaged in the Securities and Asset Management business and licensed by the Hong Kong SFC for Type 1, 2, 4, 6, 9 regulated activities to provide diversified financial services with all rounded products for institutional and retail clients. He served as the Executive Director of ABC International Holdings Limited, an investment banking business flagship of Agricultural Bank of China Limited, and was responsible for direct investment business. He worked as the Senior Manager at China Everbright Limited, a China-based financial group engaged in banking, securities, insurance, asset management, and direct investment. 

Dr. Man Kai (Anthony) Ho is our CFO and a director. From May 2015 to January 2019, Dr. Ho was the vice president of Altai Technologies Ltd, a company principally engaged in the provision of carrier-grade WiFi products and technologies. From September 2004 to May 2015, Dr. Ho was an independent non-executive director of Harmony Asset Limited (now known as Cocoon Holdings Limited) (HKEX: 0428), a company principally engaged in the provision of financial services. Dr. Ho is a Fellow Member of the Institute of Certified Management Accountants in Australia since 2015, a Fellow Member of the Institute of Public Accountants in Australia since 2001, a Fellow Member of the Association of International Accountants in the United Kingdom since 2005, a Fellow Member of Chartered Management Institute in the United Kingdom since 2005, and, a Fellow member of the Taxation Institute and Chartered Tax Advisor in Hong Kong since 2005.

(Ocean Capital Acquisition filed an S-1 on Oct. 2, 2024, to revive its plans for a SPAC IPO: The blank check company plans to offer 6.0 million units at $10.00 each to raise $660 million. Each unit will consist of one ordinary share and one right to receive one-tenth (1/10) of one ordinary share upon completion of the initial business combination.)