Marcus Brauchli - 05 Dec 2024 Form 4 Insider Report for Blue Ocean Acquisition Corp

Role
Chairman, Director, 10%+ Owner
Signature
/s/ Stuart Karle, Attorney-in-Fact for Marcus Brauchli
Issuer symbol
N/A
Transactions as of
05 Dec 2024
Net transactions value
$0
Form type
4
Filing time
09 Dec 2024, 16:21:34 UTC
Previous filing
25 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOCN Class A Ordinary Shares Conversion of derivative security +1 +0% 4,353,750 05 Dec 2024 See Footnote F1, F2
transaction BOCN Class A Ordinary Shares Disposed to Issuer -4,353,750 -100% 0 05 Dec 2024 See Footnote F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BOCN Class B Ordinary Shares Conversion of derivative security $0 -1 -100% $0.000000 0 05 Dec 2024 Class A Ordinary Shares 1 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Marcus Brauchli is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the merger agreement by and among the Issuer, TNL Mediagene, and TNLMG, effective December 5, 2024 (the "Effective Time"), TNLMG merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of TNL Mediagene (such merger, the "Merger"). Immediately prior to the Effective Time, each Class B ordinary share outstanding immediately prior to the Effective Time automatically converted into one Class A ordinary share and, after giving effect to such automatic conversion, at the Effective Time and as a result of the Merger, each Class A ordinary share outstanding immediately prior to the Effective Time automatically converted into the right to receive one ordinary share of TNL Mediagene.
F2 These securities are held directly by Blue Ocean Sponsor LLC ("Sponsor"). The Reporting Person is a manager of Sponsor. As such, the Reporting Person may be deemed to have beneficial ownership of the securities held directly by Sponsor. The Reporting Person disclaims beneficial ownership over any securities owned by Sponsor in which he does not have any pecuniary interest.