CHEVY
CHASE, Md., June 6, 2023
/PRNewswire/ -- Blue Ocean Acquisition Corp (NASDAQ: BOCN) ("Blue
Ocean" or the "Company") announced today its decision to cancel its
extraordinary general meeting (the "Shareholder Meeting") that was
scheduled for Tuesday, June 6, 2023,
at 2:00 p.m., Eastern Time and to withdraw from consideration
by the shareholders of the Company the proposals set forth in the
Company's definitive proxy statement on Schedule 14A filed with the
Securities and Exchange Commission on May
16, 2023.
Upon the signing of the previously announced business
combination agreement dated June 5,
2023 among The News Lens Co., Ltd., TNL Mediagene and Blue
Ocean, the date by which Blue Ocean must consummate an initial
business combination was automatically extended from June 7, 2023 to September
7, 2023 in accordance with Blue Ocean's amended and restated
articles of association.
Cautionary Statement Regarding Forward Looking
Statements
This communication includes "forward-looking statements"
within the meaning of the safe harbor provisions of the United
States Private Securities Litigation Reform Act of 1995. Certain of
these forward-looking statements can be identified by the use of
words such as "believes," "expects," "intends," "plans,"
"estimates," "assumes," "may," "should," "will," "seeks," or other
similar expressions. These statements are based on current
expectations on the date of this communication and involve a number
of risks and uncertainties that may cause actual results to differ
significantly. The Company does not assume any obligation to update
or revise any such forward-looking statements, whether as the
result of new developments or otherwise. Readers are cautioned not
to put undue reliance on forward-looking statements.
About Blue Ocean Acquisition Corp.
Blue Ocean Acquisition Corp, a Cayman
Islands exempted company, is a Nasdaq-listed special-purpose
acquisition company formed for the purpose of entering into a
merger, capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses or entities. It was founded by an affiliate of North
Base Media (NBM), a global venture-capital firm focused on
media.
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SOURCE Blue Ocean Acquisition Corp.
