Form 4: Blue Ocean Acquisition Corp Director Priscilla Han Reports Share Conversion Following Merger

Director Priscilla Han reports the conversion of her 30,000 Class A ordinary shares of Blue Ocean Acquisition Corp into ordinary shares of TNL Mediagene following a merger.

Summary

• Priscilla Han, a director of Blue Ocean Acquisition Corp, filed a Form 4 to report a change in her beneficial ownership of securities.
• The change occurred on December 5, 2024, due to a merger between Blue Ocean Acquisition Corp and TNL Mediagene.
• As a result of the merger, each of Han's 30,000 Class A ordinary shares of Blue Ocean Acquisition Corp were converted into the right to receive one ordinary share of TNL Mediagene.
• The merger resulted in Blue Ocean Acquisition Corp becoming a wholly-owned subsidiary of TNL Mediagene.

Sentiment

Score: 7

Explanation: The document is a routine filing related to a merger, indicating a neutral to slightly positive sentiment as it reflects the completion of a planned corporate action.

Industry Context

This type of transaction is common in mergers and acquisitions, where the shares of the acquired company are converted into shares of the acquiring company or its parent.

Stakeholder Impact

• Shareholders of Blue Ocean Acquisition Corp have had their shares converted to shares of TNL Mediagene.

Key Dates

Keywords

Merger, Share Conversion, Beneficial Ownership, Form 4, Director, TNL Mediagene, Blue Ocean Acquisition Corp