Oceanhawk Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Rights

NEW YORK--(BUSINESS WIRE)--Oceanhawk Acquisition Corp. (Nasdaq: OHACU) (the “Company”) today announced that, commencing on or about June 5, 2026, holders of the units sold in the Company’s initial public offering of 18,400,000 units, which included 2,400,000 units issued upon the full exercise of the underwriter’s over-allotment option (“Units”), may elect to separately trade the Company’s Class A ordinary shares (“Class A Ordinary Shares”) and rights (“Rights”) included in the Units. Each Unit consists of one Class A Ordinary Share and one Right to receive one-fourth of one Class A Ordinary Share upon the consummation of an initial business combination. The Class A Ordinary Shares and Rights that are separated will trade on the Nasdaq Stock Market (“Nasdaq”) under the symbols “OHAC” and “OHACR,” respectively. Those Units not separated will continue to trade on Nasdaq under the symbol “OHACU.” Holders of Units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate the Units into Class A Ordinary Shares and Rights.

About Oceanhawk Acquisition Corp.

Oceanhawk Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. Oceanhawk Acquisition Corp. is sponsored by Oceanhawk Acquisition I Sponsor LLC, an affiliate of Oceanhawk, a private investment firm, and intends to leverage Oceanhawk’s experience, network and operating platform in identifying and evaluating potential business combination opportunities.

Forward-Looking Statements

This press release includes forward-looking statements. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the Company’s search for an initial business combination, are subject to risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and final prospectus for the offering filed with the SEC, any of which could cause actual results to differ from such forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.