CHEVY
CHASE, Md., Oct. 14,
2022 /PRNewswire/ -- Blue Ocean Acquisition Corp.
(NASDAQ: BOCN) (the "Company" or "Blue Ocean") today announced the
appointment of Richard Leggett to
the role of chief executive officer of the Company.
Mr. Leggett was previously chief executive officer of
FrontierView, a global business intelligence service based in
Washington, D.C. FrontierView was
acquired last year by Fiscal Note, which went public earlier this
year via a merger with a Special Purpose Acquisition Company. He
has previously led two other private-equity-backed B2B information
services companies and before that was a managing director of
investment banking at Goldman, Sachs & Co.
He replaces Marcus Brauchli, who
was acting as Interim Chief Executive Officer after the departure
of Paul Bascobert, who stepped down
last month to become president of the Reuters unit of
Thomson/Reuters. Mr. Brauchli will continue to serve as Chairman of
the Board. Mr. Bascobert remains a director of Blue Ocean.
About Blue Ocean Acquisition
Corp.
Blue Ocean, led by Chairman Marcus Brauchli, was
formed in March 2021 as a blank-check
company sponsored by an affiliate of North Base Media, a global
venture-capital firm specialized in media and formed for the
purpose of entering into a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses or entities. The Company
intends to focus its search for business combination targets on
internet, digital media and advertising, or marketplace businesses,
although it may pursue an acquisition in any industry or
sector.
Cautionary Note Concerning
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
Company's potential business combinations. These forward-looking
statements are based on current beliefs, expectations, estimates,
forecasts, and projections of, as well as assumptions made by, and
information currently available to, the Company's management. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law. Accordingly, you should not place reliance on any
forward-looking statement, and all forward-looking statements are
herein qualified by reference to the cautionary statements set
forth above.
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SOURCE Blue Ocean Acquisition Corp.
