Ocean Biomedical Shares Drop 23% After SPAC Merger (NASDAQ:OCEA)

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Ocean Biomedicinal (NASDAQ: OCEA) shares fell 23% after the merger with SPAC Aesther Healthcare Acquisition Corp (AHEA).

Shares of Ocean Biomedical opened at $9.92, reaching an early high of $10.80 before settling at a low of $7.60. Stock recentlyconnection closed.

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