Brauchli Marcus 4
4 · Blue Ocean Acquisition Corp · Filed Dec 9, 2024
Insider Transaction Report
Form 4
Brauchli Marcus
DirectorChairman10% Owner
Transactions
- Conversion
Class A Ordinary Shares
2024-12-05+1→ 4,353,750 total(indirect: See Footnote) - Disposition to Issuer
Class A Ordinary Shares
2024-12-05−4,353,750→ 0 total(indirect: See Footnote) - Conversion
Class B Ordinary Shares
2024-12-05−1→ 0 total(indirect: See Footnote)→ Class A Ordinary Shares (1 underlying)
Footnotes (2)
- [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.