BOCN SEC filings, in plain English
Everything Blue Ocean Acquisition Corp has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2024-08-19sponsor loan $1.5M → $1.5M
sponsor loans outstanding, trust account, combination deadline +21 moved · 4 with no prior record of ours
- Sponsor loans outstanding
- $1.5M$1.5M
- Trust account
- $67.2M · unchanged
- Combination deadline
- 2024-12-07 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 1.84Mnot matched in this filing
SpacBrain reads this as the sponsor has advanced $16,700 more.
The clause “Private Placement Warrants. As of September 30, 2024 and December 31, 2023, the outstanding principal balance including interest under the Promissory Note amounted to an aggregate of $ 1,478,375 and $ 1,095,833 , respectively. Interest”…
The clause …“Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Assets: Cash held in Trust Account $ 67,214,745 $ 67,214,745 $ — $ — Liabilities: Warrant liabilities – Public Warrants $ 189,750 $ — $ 189,750 $ — Warrant liabilities –”…
The clause …“be able to consummate a Business Combination by the specified period. If a Business Combination is not consummated by December 7, 2024, there will be a mandatory liquidation and subsequent dissolution. The Company’s evaluation of its”…
The clause …“and the date for mandatory liquidation and subsequent dissolution raise substantial doubt about the Company’s ability to continue as a going concern through December 7, 2024. These condensed financial statements do not include any”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Blue Ocean Acquisition Corp's proxy statement and prospectus for its business combination with TNL Mediagene covers up to 26,787,641 ordinary shares, 16,382,329 warrants and 16,382,329 ordinary shares underlying those warrants, under the Original Merger Agreement dated June 6, 2023 and a Recapitalization that includes a Reverse Share Split. Immediately after closing, Blue Ocean public shareholders are expected to own approximately 6.19% of TNL Mediagene ordinary shares assuming no redemptions and 0.00% assuming maximum redemptions, with TNL Mediagene shareholders holding roughly 82%. Why it matters: A best case of 6.19% ownership and a worst case of literally zero is the clearest statement of dilution a SPAC proxy can make: BOCN public holders are contributing cash and receiving a sliver, while TNL Mediagene shareholders take roughly 82%. Because the 0.00% figure corresponds to full redemption, holders who redeem lose nothing they would otherwise have owned. The redemption right, not the equity, is where the value sits in this deal.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- not previously extracted2024-12-07
SpacBrain reads this as the agreement may be terminated from 2024-12-07.
The clause …“from June 7, 2024 to September 30, 2024 with an automatic extension of the outside date to December 7, 2024 unless either party gives a notice stating otherwise. Blue Ocean filed a Current Report on Form 8 -K with the SEC on May 31,”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2024-05-13trust $68.3M → $67.2M -2%deadline 2024-06-07 → 2024-12-07
trust account, combination deadline, sponsor loans outstanding +22 moved · 3 with no prior record of ours
- Trust account
- $68.3M$67.2M
- Combination deadline
- 2024-06-072024-12-07
- Sponsor loans outstanding
- not previously extracted$1.5M
- Redeemable shares
- not previously extracted1.84M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $1,056,674 left the trust between the two filings.
The clause …“Significant Other Unobservable Inputs (Level 3) Assets: Marketable securities held in Trust Account $ 67,214,745 $ 67,214,745 $ — $ — Liabilities: Warrant liabilities – Public Warrants $ 189,750 $ — $ 189,750 $ — Warrant liabilities –”…
SpacBrain reads this as 183 days later than the previous record.
The clause …“be able to consummate a Business Combination by the specified period. If a Business Combination is not consummated by December 7, 2024, there will be a mandatory liquidation and subsequent dissolution The Company’s evaluation of its”…
The clause …“immediately due and payable. As of June 30, 2024 and December 31, 2023, the outstanding principal balance including interest under the Promissory Note amounted to an aggregate of $ 1,461,675 and 1,095,833 , respectively. On August 3,”…
The clause …“as of June 30, 2024 and December 31, 2023, respectively (excluding 1,841,950 and 6,157,215 shares subject to possible redemption, respectively) 474 — Class B ordinary shares, $ 0.0001 Par Value; 20,000,000 shares authorized;”…
The clause …“and the date for mandatory liquidation and subsequent dissolution raise substantial doubt about the Company’s ability to continue as a going concern through December 7, 2024. These condensed financial statements do not include any”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.