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OCA Acquisition Corp. is a newly formed special purpose acquisition company aimed at facilitating growth for partners in Asia. The company focuses on acquiring a U.S. business in technology-enabled business services, healthcare, education, or financial services sectors. With Olympus Capital Asia V, L.P. as the sponsor, OCA aims to leverage its extensive industry network and experience to support companies expanding in Asia.
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Powermers Smart Industries, Inc. (PSI) and OCA Acquisition Corp. (OCAX) have entered into a definitive business combination agreement. The combined company is expected to operate as Powermers Smart Industries, Inc. and its common stock is expected to be listed on Nasdaq under the symbol PSII. PSI is positioning itself with modern engineering and fleet management solutions to transform the commercial transportation and industrial equipment industries on a global scale.
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FAQ
What is the current stock price of Oca Acqui (ocaxw)?
The current stock price of Oca Acqui (ocaxw) is $0.0901 as of February 7, 2025.
What is OCA Acquisition Corp.?
OCA Acquisition Corp. is a special purpose acquisition company focused on accelerating growth for partners in Asia through acquisitions in the technology-enabled business services, healthcare, education, or financial services sectors.
Who is the sponsor of OCA Acquisition Corp.?
The sponsor of OCA Acquisition Corp. is Olympus Capital Asia V, L.P., a private equity firm with extensive experience in investing in Asia.
What is OCA Acquisition Corp.'s primary focus for acquisitions?
OCA Acquisition Corp. aims to acquire a U.S. business in technology-enabled business services, healthcare, education, or financial services sectors.
What is the recent business combination agreement involving OCA Acquisition Corp.?
OCA Acquisition Corp. has entered into a definitive agreement with Powermers Smart Industries, Inc., a green-powered technology solutions company, for a business combination.
How does OCA Acquisition Corp. plan to support acquired businesses?
OCA Acquisition Corp. plans to leverage its sponsor's industry network and experience to help acquired businesses expand in Asia.
What is the vision of OCA Acquisition Corp. for its acquisitions?
OCA Acquisition Corp. aims to enable acquired businesses to accelerate growth and benefit from opportunities in the Asian market.
Where is OCA Acquisition Corp. headquartered?
OCA Acquisition Corp. is headquartered in New York.
How does OCA Acquisition Corp. plan to create value for stakeholders?
OCA Acquisition Corp. aims to create value by helping acquired companies expand into Asia with the support of Olympus Capital Asia's platform and network.
What are the key sectors OCA Acquisition Corp. is interested in?
OCA Acquisition Corp. is interested in technology-enabled business services, healthcare, education, and financial services sectors.
What is the expected outcome of the recent business combination agreement?
The expected outcome of the business combination agreement is for the combined company to operate as Powermers Smart Industries, Inc. listing on Nasdaq under the symbol PSII.
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