Blue Ocean Sponsor LLC - 21 Jun 2024 Form 4 Insider Report for Blue Ocean Acquisition Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Jun 2024, 16:23:10 UTC
Prior SEC filing
06 Jun 2023
Next SEC filing
09 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stuart Karle, Member of Blue Ocean Sponsor LLC

Key filing fact

Blue Ocean Sponsor LLC filed Form 4 for Blue Ocean Acquisition Corp on 25 Jun 2024.

Key facts

  • This page summarizes Blue Ocean Sponsor LLC's Form 4 filing for Blue Ocean Acquisition Corp.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 25 Jun 2024, 16:23.

Change

  • Previous filing in this sequence was filed on 06 Jun 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BOCN transaction

Class A Ordinary Shares

Conversion of derivative security

Transaction value
Shares
+4,353,749
Change %
Price
Shares after
4,353,749
Date
21 Jun 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BOCN transaction Derivative

Class B Ordinary Shares

Conversion of derivative security

Transaction value
$0
Shares
-4,353,749
Change %
-100%
Price
$0.000000
Shares after
1
Date
21 Jun 2024
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
4,353,749
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On August 29, 2023, shareholders of the Issuer approved a proposal to amend the Issuer's articles of association to permit holders of the Issuer's Class B ordinary shares to convert such holder's Class B ordinary shares into Class A ordinary shares on a one-for-one basis at any time and from time to time prior to the closing of an initial business combination at the election of the holder. On June 21, 2024, the Reporting Person exercised its right to convert a portion of its Class B ordinary shares into Class A ordinary shares.

SEC remarks

Marcus Brauchli is a manager of Blue Ocean Sponsor LLC and serves as a director on the Issuer's board of directors. As such, Blue Ocean Sponsor LLC may be deemed a director by deputization of Mr. Brauchli.

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