Ocean Capital Acquisition Corp Reports Sponsor Ownership Transfer

What Happened
Ocean Capital Acquisition Corp (OCAC) filed an 8-K on Sept 21, 2026 reporting that, on Sept 17, 2026, Poseidon Ocean Corporation and four individual holders transferred all issued and outstanding ordinary shares of the sponsor, SB Capital Holding Corporation, to Chi‑Ping Cindy Lee. The transfers totaled 3,833,333 ordinary shares (3,813,333 from Poseidon Ocean Corporation and 5,000 each from Hin Wing Wong, Hiu Man Cheng, Pok Yu Augustine Chow and Man Kai Anthony Ho). After the transfers, Ms. Lee owns 100% of the sponsor’s equity.

Key Details

• Transfer date: September 17, 2026; 8‑K filed September 21, 2026.
• Total shares transferred: 3,833,333 ordinary shares of SB Capital Holding Corporation (100% of issued and outstanding).
• Transferee: Chi‑Ping Cindy Lee; previous sellers: Poseidon Ocean Corporation, Hin Wing Wong, Hiu Man Cheng, Pok Yu Augustine Chow, Man Kai Anthony Ho.
• Sponsor role unchanged: SB Capital Holding remains the sponsor, continues to hold the same number of OCAC securities, and its rights and obligations under IPO-related agreements remain unchanged.

Why It Matters
This filing documents a complete change in ownership of OCAC’s sponsor but reports no change to the sponsor’s role, its holdings of OCAC securities, or its contractual obligations arising from the company’s IPO. For investors, the immediate legal and capital structure status of OCAC is unchanged according to the 8‑K; the filing simply notifies the market that sponsorship control was transferred to a new owner.