Key facts
- This page summarizes Joseph Adir's Form 4 filing for OceanTech Acquisitions I Corp..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 07 Jul 2021, 16:32.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Other
Additional SEC filing notes
Footnote F1
On June 21, 2021, OceanTech Acquisitions I Sponsors LLC (the "Sponsor") forfeited at no cost 293,500 shares of common stock of the Issuer in connection with the election by the underwriter of the Issuer's initial public offering of units to exercise an option granted to them to cover over-allotments in part and not in full. This transaction is late due to an inadvertent administrative error and not any error of the Reporting Person.
Footnote F2
These shares represent 2,581,500 shares of Class B common stock of the issuer held by the Sponsor. Joseph Adir is the managing member of the Sponsor. As such, the Reporting Person may be deemed to have beneficial ownership of such shares. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.