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Ocean Bio-Chem (OBCI)

Ocean Bio-Chem, Inc. manufactures, markets and distributes a broad line of appearance and maintenance products for the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets under the Star brite®, Star Tron®, Performacide®, Outdoor Collection and other brand names within the United States of Americaand Canada. In addition, the Company produces private label formulations of many of its products for various customers and provides custom blending and packaging services for these and other products. The Company also manufactures, markets, and distributes a line of disinfectant, sanitizing and deodorizing products under the Star brite®and Performacide®brand names and private labeled products.

Company profile

Ticker
OBCI
Exchange
NASDAQ
Website
www.oceanbiochem.com
CEO
Peter G. Dornau
Employees
Incorporated
Florida
Location
Florida
Fiscal year end
Dec 31
Sector
Manufacturing > Polish and Other Sanitation Good Manufacturing
Industry (SIC)
Specialty Cleaning, Polishing and Sanitation Preparations
Diversey • Clorox • QSAM Biosciences • Pura Naturals • PurposeBuilt Brands • Car House Holding ...
SEC CIK
0000350737
Corporate docs
Subsidiaries
Star-brite Distributing, Inc. • Star brite Distributing Canada, Inc. • D & S Advertising Services, Inc. • Star brite StaPut, Inc. • Star brite Service Centers, Inc. • Star brite Automotive, Inc. • KINPAK, Inc. • OdorStar Technology, LLC ...
IRS number
591564329

OBCI stock data

News

From Benzinga Pro
76 Biggest Movers From Yesterday: Ocean Bio-Chem, Athira Pharma And More
23 Jun 22
Gainers Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares climbed 117.2% to close at $12.86 on Wednesday after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.
Dow Jumps 150 Points; Ocean Bio-Chem Shares Spike Higher
22 Jun 22
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 150 points on Wednesday.
Why Shares Of Ocean Bio-Chem Rose 117% On Wednesday
22 Jun 22
Ocean Bio-Chem Inc. (NASDAQ: OBCI) shares are trading higher after the company announced it will be acquired by OneWater Marine for $13.08 per share in an all-cash transaction valued at approximately $125 million.
U.S. Stocks Turn Higher; Athira Pharma Shares Plummet
22 Jun 22
40 Stocks Moving In Wednesday's Mid-Day Session
22 Jun 22

Press releases

From Benzinga Pro
SHAREHOLDER ALERT: Weiss Law Reminds FSTX, STCN, GRRB, and OBCI Shareholders About Its Ongoing Investigations
12 Jul 22
NEW YORK, July 12, 2022 /PRNewswire/ -- If you own shares in any of the companies listed above and
Lifshitz Law PLLC Announces Investigation of GRRB, OBCI, SRLP, and UBNC
9 Jul 22
NEW YORK, July 09, 2022 (GLOBE NEWSWIRE) -- GrandSouth Bancorporation. (OTC:GRRB) Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of GRRB to First
Moore Kuehn Encourages EPZM, RDUS, OBCI, and CNVY Investors to Contact Law Firm
6 Jul 22
NEW YORK, July 6, 2022 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following
SHAREHOLDER ALERT: Weiss Law Reminds GRRB, OBCI, USWS, and BHVN Shareholders About Its Ongoing Investigations
29 Jun 22
Equity Alert - The M&A Class Action Firm Announces an Investigation of Ocean Bio-Chem, Inc. - OBCI
27 Jun 22

Calendar

4 Aug 22
12 Aug 22
31 Dec 22

Financial summary

Financial statements Chart OBCI financial data
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 7.02M 7.02M 7.02M 7.02M 7.02M 7.02M
Cash burn (monthly) 1.07M 107.19K 136.17K (no burn) 1.66M 17.2K
Cash used (since last report) 1.53M 153.99K 195.62K n/a 2.39M 24.71K
Cash remaining 5.49M 6.86M 6.82M n/a 4.63M 6.99M
Runway (months of cash) 5.1 64.0 50.1 n/a 2.8 406.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

OBCI insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
9 Aug 22 Jeffrey Barocas Common Stock ($0.01 par value) Sale back to company Dispose D No No 13.08 179,331 2.35M 0
9 Aug 22 Conard Diana Common Stock ($0.01 par value) Sale back to company Dispose D No No 13.08 5,973 78.13K 0
9 Aug 22 William Dudman Common Stock ($0.01 par value) Sale back to company Dispose D No No 13.08 256,910 3.36M 0
9 Aug 22 Gregor M Dornau Common Stock ($0.01 par value) Sale back to company Dispose D No No 13.08 456,878 5.98M 0
9 Aug 22 Peter G Dornau Common Stock ($0.01 par value) Sale back to company Dispose D Yes No 13.08 4,537,628 59.35M 0
9 Aug 22 Peter G Dornau Common Stock ($0.01 par value) Sale back to company Dispose D No No 13.08 265,342 3.47M 0
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

OBCI institutional ownership history Ownership history
18.9% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 17 20 -15.0%
Opened positions 0 2 EXIT
Closed positions 3 4 -25.0%
Increased positions 3 4 -25.0%
Reduced positions 5 7 -28.6%
13F shares Current Prev Q Change
Total value 17.95M 18.79M -4.5%
Total shares 1.8M 1.85M -2.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio – – –
Largest owners Shares Value Change
Veradace Capital Management 713.93K $7.5M 0.0%
Hirschman Orin 373.16K $4.66M 0.0%
Renaissance Technologies 221.7K $1.81M -6.0%
Vanguard 155.54K $1.27M 0.0%
AltraVue Capital 127.95K $1.04M +5.0%
Dimensional Fund Advisors 79.47K $641K 0.0%
SF Stifel Financial 30.72K $251K +20.6%
Geode Capital Management 28.52K $230K 0.0%
Ancora Advisors 14.89K $121K -75.9%
James Investment Research 14.05K $115K 0.0%
Largest transactions Shares Bought/sold Change
Ancora Advisors 14.89K -46.92K -75.9%
Renaissance Technologies 221.7K -14.2K -6.0%
AltraVue Capital 127.95K +6.05K +5.0%
SF Stifel Financial 30.72K +5.25K +20.6%
Northwestern Mutual Wealth Management 0 -1.24K EXIT
BLK Blackrock 10.63K -486 -4.4%
Tower Research Capital 0 -287 EXIT
BAC Bank Of America 92 -217 -70.2%
MS Morgan Stanley 82 +81 +8100.0%
Advisor 0 -21 EXIT
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: absence, advisory, alternative, announced, antitrust, applicable, approval, approved, approving, attention, automatically, cancelled, cease, certificate, closing, commercially, committee, composed, conduct, confirm, consent, Consenting, consideration, consummated, consummation, contemplated, contract, converted, copy, core, customary, Delaware, delivered, difficult, direct, Dissenting, diversion, domestic, duly, entry, equivalent, estate, Europe, exhibit, Failure, fee, found, governmental, holder, iii, imported, indirect, intact, iv, Law, legal, longer, member, merged, merger, newly, OneWater, par, Parent, payoff, pending, practice, preserve, preventing, previously, professional, prohibited, proposed, pursuant, real, receipt, recommendation, regain, retired, reverse, satisfaction, SEC, Section, sentence, shipment, shipping, sought, statement, surviving, targeting, thereto, transaction, transportation, TV, unanimously, voting, waiting, waiver, Water, wife, winding, writing, written
Removed: declared, expand, February, March, mix, received
From filing 10-Q 2022 Q2
Financial reports
View all
10-Q
2022 Q2
Quarterly report
4 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
10-K
2021 FY
Annual report
31 Mar 22
10-Q
2021 Q3
Quarterly report
15 Nov 21
10-Q
2021 Q2
Quarterly report
16 Aug 21
10-Q
2021 Q1
Quarterly report
14 May 21
10-K
2020 FY
Annual report
29 Mar 21
10-Q
2020 Q3
Quarterly report
13 Nov 20
10-Q
2020 Q2
Quarterly report
14 Aug 20
10-Q
2020 Q1
Quarterly report
15 May 20
Current reports
View all
8-K
Termination of a Material Definitive Agreement
9 Aug 22
8-K
Expected to significantly advance growth of parts and accessories business
22 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
6 Jun 22
8-K/A
Other Events
27 May 22
8-K
Other Events
26 May 22
8-K
Ocean Bio-Chem, Inc. Announces First Quarter 2022 Financial Results
19 May 22
8-K
Ocean Bio-Chem, Inc. Reports Fourth Quarter and Full Year 2021 Net Sales, Net Income, and Earnings per Share
1 Apr 22
8-K
Ocean Bio-chem, Inc. Announces a 33 Percent Increase In Regular Quarterly Dividend
28 Feb 22
8-K
Ocean Bio-Chem, Inc. Reports Another Quarter and Year of Record Net Sales for Q4 and Full Year 2021
20 Jan 22
8-K
Other Events
23 Nov 21
Registration and prospectus
View all
25-NSE
Exchange delisting
9 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Apr 19
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Apr 19
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Apr 17
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Apr 17
S-8
Registration of securities for employees
27 May 15
S-8
Registration of securities for employees
11 Aug 11
S-8
Registration of securities for employees
1 Jun 11
S-8
Registration of securities for employees
23 Oct 07
S-8
Registration of securities for employees
21 Dec 06
Proxies
View all
DEFM14C
Information related to merger
11 Jul 22
PREM14C
Preliminary information related to merger
1 Jul 22
DEFA14A
Additional proxy soliciting materials
20 Apr 22
DEF 14A
Definitive proxy
11 Apr 22
DEFA14A
Additional proxy soliciting materials
7 May 21
DEF 14A
Definitive proxy
30 Apr 21
DEF 14A
Definitive proxy
29 Apr 20
DEFR14A
Revised proxy
2 May 19
DEF 14A
Definitive proxy
30 Apr 19
DEFA14A
Additional proxy soliciting materials
7 May 18
Other
View all
UPLOAD
Letter from SEC
1 Dec 11
CORRESP
Correspondence with SEC
17 Nov 11
UPLOAD
Letter from SEC
6 Nov 11
UPLOAD
Letter from SEC
18 Jan 11
CORRESP
Correspondence with SEC
17 Jan 11
UPLOAD
Letter from SEC
13 Jan 11
UPLOAD
Letter from SEC
30 Nov 06
CORRESP
Correspondence with SEC
26 Nov 06
UPLOAD
Letter from SEC
21 Nov 06
UPLOAD
Letter from SEC
31 Jul 06
Ownership
View all
4
OCEAN BIO CHEM / Kim Krause ownership change
8 Aug 22
4
OCEAN BIO CHEM / Diana Conard ownership change
8 Aug 22
4
OCEAN BIO CHEM / JOHN B TURNER ownership change
8 Aug 22
4
OCEAN BIO CHEM / JAMES M KOLISCH ownership change
8 Aug 22
4
OCEAN BIO CHEM / WILLIAM DUDMAN ownership change
8 Aug 22
4
OCEAN BIO CHEM / Gregor M Dornau ownership change
8 Aug 22
4
OCEAN BIO CHEM / JEFFREY BAROCAS ownership change
8 Aug 22
4
OCEAN BIO CHEM / PETER G DORNAU ownership change
8 Aug 22
SC 13D
OCEAN BIO CHEM / OneWater Marine ownership change
1 Jul 22
SC 13G/A
OCEAN BIO CHEM / Veradace Capital Management ownership change
15 Feb 22

Patents

Utility
Disinfectant Pouch with Fluid Control
2 Dec 21
A disinfectant device including a pouch, the pouch including a first layer of material coupled to a second layer of material and defining a compartment therebetween.
Utility
Disinfectant pouch with fluid control
28 Sep 21
A disinfectant device including a pouch, the pouch including a first layer of material coupled to a second layer of material and defining a compartment therebetween.
Utility
Disinfectant Pouch with Fluid Control
11 Feb 21
A disinfectant device including a pouch, the pouch including a first layer of material coupled to a second layer of material and defining a compartment therebetween.
Utility
Disinfectant pouch with fluid control
14 Dec 20
A disinfectant device including a pouch, the pouch including a first layer of material coupled to a second layer of material and defining a compartment therebetween.

Reddit threads

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