Oca Acquisition CORP
Market Movers (8-K)
OCA Acquisition Corp. will redeem all outstanding public shares after failing to complete a business combination within the required timeframe, following a terminated merger agreement with Powermers Smart Industries, Inc.
Delay expected
Worse than expected
8-K: OCA Acquisition Corp. Faces Setback as Merger Agreement with Powermers Smart Industries Terminated
OCA Acquisition Corp.'s planned merger with Powermers Smart Industries has been terminated by PSI, though OCA disputes the validity of the termination.
Worse than expected
Delay expected
OCA Acquisition Corp. has extended its deadline for completing a business combination to October 20, 2024, by drawing $90,000 from a promissory note.
Delay expected
OCA Acquisition Corp. has obtained $90,000 in extension funds to push its business combination deadline to September 20, 2024.
Delay expected
OCA Acquisition Corp. is exploring alternatives due to a funding shortfall from Antara, a key investor, impacting its planned merger with Powermers Smart Industries.
Worse than expected
Delay expected
Capital raise
OCA Acquisition Corp. received a delisting notice from Nasdaq, effective July 23, 2024, despite securing a one-month extension to complete its business combination.
Worse than expected
Delay expected
Quarterly Earnings (10-Q)
OCA Acquisition Corp. reported a net income of $911,092 for the third quarter of 2024, despite facing delisting from Nasdaq and ongoing efforts to complete a business combination with Powermers Smart Industries, Inc.
Worse than expected
Delay expected
Capital raise
OCA Acquisition Corp. reported a net loss for the second quarter of 2024, while continuing efforts to finalize its business combination with Powermers Smart Industries, Inc.
Worse than expected
Delay expected
Capital raise
OCA Acquisition Corp. reported a net loss of $510,642 for the quarter ended March 31, 2024, as it continues to pursue a business combination with Powermers Smart Industries, Inc.
Worse than expected
Delay expected
Capital raise
Annual Reports (10-K)
10-K: OCA Acquisition Corp. Details Registered Securities and Business Combination Plans in 10-K Filing
OCA Acquisition Corp.'s 10-K filing details its registered securities, ongoing business combination with Powermers Smart Industries, and financial status as of December 31, 2023.
Delay expected
Capital raise
Worse than expected
Insider Trading (Form 4)
425: OCA Acquisition Corp. Faces Setback as Merger Agreement with Powermers Smart Industries Terminated
OCA Acquisition Corp. reports the purported termination of its merger agreement with Powermers Smart Industries, along with the resignation of a board member.
Delay expected
Worse than expected