Embarc

Ocean Drive Acquisition Corp.

CIK: 1849074

SPAC Overview

$250M
IPO Size
Withdrawn
Current Status

Timeline Progress

About

Ocean Drive Acquisition Corp. is a newly organized blank-check company seeking a business combination, with an intended focus on businesses providing technological solutions and innovation for the real estate industry, including PropTech and real-estate-adjacent businesses.

Investment Focus

PropTech, Real Estate

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
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SPAC Team

Sponsors

Ocean Drive Acquisition Sponsor

Leadership

Howard M. Lorber
Chairman of the Board of Directors
Steven Witkoff
Chief Executive Officer, Director
Aaron Daniel Peck
Co-President
Alex Witkoff
Vice President
Kyle Armand Asher
Co-President
Scott A. Marienau
Chief Financial Officer
Peter Gruszka
Chief Legal Officer
Scott Alper
Chief Investment Officer
Theodore L. Koenig
Director
James Dominic Terlizzi
Director Nominee
Joseph E. Dagrosa
Director Nominee
Mark Lawrence
Director Nominee
Peter Ward
Director Nominee

Underwriters

Jefferies

Extended Team Information

Led by Howard M. Lorber and Steven Witkoff, with Monroe Capital investment professionals and a team with real-estate, technology, investing, lending, and operating experience. The sponsor is managed by affiliates of Monroe Capital; the team also draws on the real-estate experience of The Witkoff Group and Lorber.

Key Information

SPAC Ticker
N/A

External Resources

SEC Filings
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