Ocean Biomedical, Inc. Files Registration Statement For Proposed Initial Public Offering, Business News

PROVIDENCE, R.I., June 10, 2021 (GLOBE NEWSWIRE) — Ocean Biomedical, Inc. (“Ocean”) today announced that it has publicly filed a Registration Statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of shares of its common stock. Ocean intends to list its common stock on the Nasdaq Global Market under the symbol “OCEA.” The size of the proposed offering and price range for the proposed offering have not yet been determined.

It is expected that the net proceeds from Ocean’s initial public offering will be used to fund the clinical development and preclinical development of Ocean’s assets, and for business development activities, working capital and other…

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