Current Report Filing (8-k)
June 01 2023 - 4:26PM
Edgar (US Regulatory)
Exhibit
99.1
OceanTech
Acquisitions I Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination
New
York – June 1, 2023 – OceanTech Acquisitions I Corp. (“OceanTech” or the “Company”) (Nasdaq:
OTEC/OTECU / OTECW), a special purpose acquisition company, today announced that on June 1, 2023 it caused to be deposited $30,000 into
the Company’s trust account for its public stockholders, allowing the Company to extend the period of time it has to consummate
its initial business combination by one month from June 2, 2023 to July 2, 2023 (the “Extension”). The Extension is the first
of twelve,
1-month extensions permitted under the Company’s governing documents.
About
OceanTech Acquisitions I Corp.
OceanTech
is a blank check company formed for the purposes of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization,
or similar business combination with one or more businesses, with a focus on companies in the technology industry. The Company is sponsored
by Aspire Acquisition LLC.
Contacts
Investor
Relations
Lena
Cati
The
Equity Group, Inc.
(212)
836-9611
lcati@equityny.com
OceanTech Acquisitions I (NASDAQ:OTEC)
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