Capital Markets: Ocean Capital Acquisition Corporation, a blank-check company incorporated in the British Virgin Islands, priced a $100 million IPO of 10,000,000 units at $10 each, with units expected to start trading on the NYSE June 9 under “OCACU.” Governance & Rights: A bipartisan congressional briefing in the U.S. Senate examined what “consent of the governed” means for people in U.S. territories, featuring participation from U.S. Virgin Islands Congresswoman Stacey Plaskett. BVI Policy & Constitutional Reform: Deputy Premier Julian Fraser said Anegada’s separate electoral district status is coming “in the very near future,” while a proposed council system could give residents more local control before then. Financial Services Oversight: Mark Vanterpool declined to comment on the Bank of Asia saga, saying such matters should be handled by regulators and the FSC, not politics. Environment & Resilience: In the State of the Territory Address, the Deputy Premier is expected to focus on climate change, including the newly launched Virgin Islands Climate Change Trust Fund and its role in disaster mitigation. Utilities & Business Continuity: BVI’s House of Assembly approved the BVIEC and W&SD merger, setting up VIEWCo and moving to a unified public notification platform for service interruptions. Water Sector Growth: Consolidated Water appointed water-industry veteran Sachin Chawla as senior vice president, strategy and growth, aiming to expand business development and marketing. Tourism Recognition: BVI’s Luce Hodge-Smith won CTO’s Minister/Commissioner of Tourism of the Year at Caribbean Week in New York. Security & Public Safety: A St. Croix report criticized VIPD guidance during carjacking incidents as potentially dangerous for drivers.