OceanTech Acquisitions I Corp. Announces Termination of Merger Agreement with Captura Biopharma, Inc.

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Oct 13, 2022

OceanTech Acquisitions I Corp. (“OceanTech” or the “Company”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced that its previously announced agreement and plan of merger (the “Business Combination Agreement”) with Captura Biopharma, Inc. (“Captura”) has been terminated by mutual agreement of all relevant parties. As a result, OceanTech will seek an alternative business combination.