OceanLight Acquisition

General Information
Business:

(Incorporated in the Cayman Islands)

We are a newly organized blank check company. We will not be restricted to any sector or geographic region. We intend to actively look for suitable investment opportunities with an enterprise value of approximately $180 million – $1 billion. We intend to favor targets that have a strong competitive advantage or are category leaders in their respective verticals. We expect to target companies that have strong intellectual property, technology, or brand equity within their respective sectors and that can be further monetized on a global basis.

Note: Our sponsor and certain of our executive officers and directors have significant ties to the People’s Republic of China (“PRC”). We may be seeking to acquire a company that may be based in China in an initial business combination.

Ping Zhang has served as our chairman, CEO, CFO and director since our formation. Since November 2020, Mr. Zhang has served as the General Manager of Green Leaf Air Freight Inc., a U.S.-based investment and air freight company. Prior to this role, he founded Shanghai Tongli Advertising Co., Ltd., an advertising company, and served as its General Manager from February 2006 to November 2020. Earlier in his career, from March 1999 to December 2002, Mr. Zhang founded Hunan Silver Fox Advertising Company, an advertising company in China, and served as its General Manager. Mr. Zhang has served as Chairman, Chief Executive Officer, Chief Financial Officer and director of Quantumsphere Acquisition Corporation (Nasdaq: QUMS) since July 2024 and GalaxyEdge Acquisition Corporation (NYSE: GLED) since January 2026. He has served a director of Quartzsea Acquisition Corporation (Nasdaq: QSEA) since March 2025, QuasarEdge Acquisition Corporation (NYSE: QRED) since April 2026, Yotta Acquisition Corporation (Nasdaq: YOTA) since May 2025 and Quetta Acquisition Corporation (Nasdaq: QETA) since May 2025.

(Note: OceanLight Acquisition Corp. priced its SPAC IPO in sync with the terms in the prospectus – 10 million units at  $10.00 each – to raise $100 million on Thursday night, Aug. 6, 2026. Each unit consists of one share, one right to acquire one-fourth (1/4th) of a share upon the consummation of its initial business combination, and one redeemable warrant. Background: OceanLight Acquisition Corp. filed its S-1 for its SPAC IPO on June 16, 2026.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2026
Contact Information
Address 1185 Avenue of the Americas, 3rd Fl. New York, NY 10036
Phone Number (212) 612-1400
Web Address
View Prospectus: OceanLight Acquisition
Financial Information
Market Cap $147.01mil
Revenues $0.0 mil (last 12 months)
Net Income $0.0 mil (last 12 months)
IPO Profile
Symbol OCLT
Exchange NASDAQ
Shares (millions): 10.0
Price range $10.00 - $10.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Polaris (A Division of Kingswood)
CO-Managers
Expected To Trade: 8/7/2026
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change