Crcm LP Invests $32.88 Million in OCA Acquisition Corp. $OCAX

Crcm LP acquired a new stake in shares of OCA Acquisition Corp. (OTCMKTS:OCAX) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 102,735 shares of the company’s stock, valued at approximately $32,885,000. OCA Acquisition makes up about 0.0% of Crcm LP’s investment portfolio, making the stock its 14th largest position.

OCA Acquisition Price Performance

Shares of OTCMKTS:OCAX opened at $11.60 on Friday. The firm has a 50 day moving average of $11.60 and a 200 day moving average of $11.60. OCA Acquisition Corp. has a 52 week low of $11.22 and a 52 week high of $11.60.

OCA Acquisition Company Profile

OCA Acquisition Corp. is a special purpose acquisition company (SPAC) organized under the laws of the State of Delaware. As a blank-check company, its primary objective is to raise capital through an initial public offering and to effect one or more business combinations, acquisitions or other similar transactions. OCA Acquisition focuses on identifying target businesses that present attractive growth prospects, seeking to leverage its management’s experience in corporate finance and strategic development.

The company completed its initial public offering in late 2020, generating gross proceeds that have been held in a trust account pending the consummation of a qualifying transaction.