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Ocean Biomedical Faces License Termination by Elkurt

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Ocean Biomedical Faces License Termination by Elkurt

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The latest announcement is out from Ocean Biomedical ( (OCEA) ).

On July 10, 2025, Ocean Biomedical, Inc. received a final notice from Elkurt, Inc. terminating their licenses due to Ocean Biomedical’s failure to cure a material breach of contractual obligations. The termination is effective immediately, and Ocean Biomedical is still responsible for obligations accrued before the termination date, including outstanding payments.

More about Ocean Biomedical

Average Trading Volume: 46,986,535

Technical Sentiment Signal: Sell

Current Market Cap: $1.72M

For detailed information about OCEA stock, go to TipRanks’ Stock Analysis page.

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