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OceanTech Acquisitions I Corp. (OTEC)

NASDAQ Financial Services Shell Companies
$11.75 ▲ +0.43%
Market Cap
$41.1M
Sector
Financial Services
Industry
Shell Companies
Beta
0.03
52-Wk Range
10.5-12.95
CEO
Surendra K. Ajjarapu
Country
US
Currency
USD

OceanTech Acquisitions I Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $11.75, up 0.43% on the session, giving a market capitalisation of $41.1M. On trailing twelve-month figures it carries a trailing P/E of -13.99, a net margin of 0.0%. Its beta of 0.03 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-13.99
Price / Sales
0.00
Price / Book
-15.40
EV / EBITDA
-16.39
Gross margin
0.0%
Operating margin
0.0%
Net margin
0.0%
Return on equity
—
Debt / equity
-0.81
Current ratio
0.02
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
4
IPO date
2021-07-21
Headquarters
New York City, NY, US
About OceanTech Acquisitions I Corp.

OceanTech Acquisitions I Corp. does not currently conduct significant ongoing business operations. Its primary objective is to pursue a strategic business combination—such as a merger, asset purchase, or stock exchange—with one or more companies in the leisure marine, yachting, and superyachting industries. Established in 2021, the company's corporate headquarters are located in New York, New York.

Comparable companies

OceanTech Acquisitions I Corp. is most often compared with the following Financial Services names:

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