| Benford Chart for OTECU 10Q Filed 5/28/2024 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 404 Recent share count: NA ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
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On this page of Benford's Law Stocks.com we present our study of OceanTech Acquisitions I Corp. — ticker symbol OTECU. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/15/2024 to 5/28/2024
for OceanTech Acquisitions I Corp. under CIK number 0001846809.
For filings made in XBRL (eXtensible
Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL
filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format
found for each filing is presented below together with the results for OTECU, with the percentage of found numbers beginning with each digit
(1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as
well as the "normal" range for OceanTech Acquisitions I Corp. based on the past OTECU filings our system processed in the past.
| Benford's Law Stocks Score for OTECU = 37 | ||
Starting from a possible score of 100, we made the following score deductions: • We deducted point upon observing the 1's percentage was above the typical coverage universe range. • We deducted point upon observing the 2's percentage was below the typical coverage universe range. • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier. • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range. • We deducted points upon observing the 5's percentage was below the typical coverage universe range. • We deducted points upon observing the 6's percentage was below the typical coverage universe range. • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier. • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was below the typical coverage universe range. • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier. • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction. • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier. • This is the 4th column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range. |
| OTECU's Score Vs. Typical Stock | |||
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Check our work! We provide our OceanTech Acquisitions I Corp. Benford's Law analysis for informational purposes only, and our software should be expected to
make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating
the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the OTECU filing
above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also
be helpful for exploring any columns in particular that caught your eye.
| 1's | 2's | 3's |
|---|---|---|
| We found 151 numbers that start with the digit 1. Here they are: 1 1 1 1829539 130000 1 1 1 17,183 101,174 17,183 101,174 112,338 112,338 1,347,355 1,203,961 1,240,775 12,956,037 11,433,841 11.65 11.53 1,000,000 100,000,000 10,000,000 1,455,340 1,549,028 14,569,443 12,966,122 13,113,834 11,416,825 1,593,758 1,052,192 1,603,321 1,052,192 1,848,503 1,549,028 12,966,122 11,416,825 1,603,321 1,603,321 1,455,340 14,569,443 13,113,834 103,260 10 10,723,604 1,052,192 1,052,192 103,260 10 11,775,796 1,603,321 1,052,192 179 128,497 100,000 125,000 100,000 19,468 101,174 17,183 16,338 10,000,000 10.00 100,000,000 1.00 1,033,633 1,500,000 1,548,900 1.00 15 125,000 10.32 125,000 125,000 125,000 10,185,642 11.12 17,183 1,829,539 1,729,539 1,035,788 112,338 104.3 10.10 1.5 15 10.32 125,000 125,000 125,000 125,000 125,000 125,000 1,200,000 16,543,700 1,848,503 1,230,754 1,848,503 1,035,788 11,233,821 1,102,168 10,000,000 10.00 100,000,000 10.00 1.00 1.00 1,548,900 1.00 11,500,000 1,200,000 18 1,500,000 1.00 130,000 130,000 1,281,500 164,250 18 10,326,000 11.50 115 18.00 180 18.00 18.00 1,240,775 1,240,775 124,352 124,352 124,352 1,240,775 124,354 1,240,775 124,354 124,352 11.75 11.35 11.50 11.50 1.50 1.00 1,500,000 1,174,000 103,260 1.00 1.00 1,000,000 100,000,000 10,000,000 | We found 54 numbers that start with the digit 2. Here they are: 2,000,000 2,000,000 2,684,760 269 269 207,405 23 2,684,760 2,684,760 23 2,684,760 269 2,684,760 269 2,581,500 259 2,248,291 2,581,500 259 2,180,556 207,405 252,488 2,065,200 2,581,500 28,706,280 25,000 23 2,684,760 2,684,760 23 21 25,000 2,875,000 20 293,500 2,581,500 2,581,500 250,000 206,520 206,520 206,520 206,520 206,520 206,520 248,707 206,520 206,520 20 2,065,200 2,000,000 2,000,000 2,581,500 2,684,760 293,500 | We found 72 numbers that start with the digit 3. Here they are: 3 3,497,475 3,692,805 3,233,469 3,614,100 3,614,100 330,872 330,873 330,873 362,907 30,000 375,000 375,000 301,500 35,806 3,871,000 3,614,100 326,000 3,260,000 30,000 360,000 360,000 30,000 30,000 30,000 30,000 38,891,922 35 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 372,567 326,000 3,260,000 3,871,000 326,000 375,000 326,000 3,600,000 3 300,000 30,000 360,000 30,000 32,500 34,145 330,872 330,872 330,872 330,872 3.77 326,000 3,260,000 3,614,100 326,000 326,000 30,000 30,000 30,000 |
| 4's | 5's | 6's |
|---|---|---|
| We found 33 numbers that start with the digit 4. Here they are: 466 466 448,039 448,039 427,667 427,667 464,054 464,054 49,244 464,670 46 46 464,670 464,670 49,244 464,670 459,336 426,500 4,571,000 4,571,000 429,046 46 46 4,571,000 4,571,000 464,670 448,039 427,667 49,244 466,328 413,040 4.12 4.67 | We found 13 numbers that start with the digit 5. Here they are: 5,488,869 588,138 5,850 5,850 532,405 532,405 5,850 532,405 5,869,880 500,000 500,000 5,869,880 500,000 | We found 13 numbers that start with the digit 6. Here they are: 63,395 6,101,162 60,000 68,497 690,542 6,791,909 65,200 6,083,979 623,146 60 6,217,700 60 661,747 |
| 7's | 8's | 9's |
|---|---|---|
| We found 14 numbers that start with the digit 7. Here they are: 72,958 711,824 711,824 77,213 77,213 70,968 700,000 7,482,451 769,518 700,000 74,980 726,500 774,450 774,450 | We found 21 numbers that start with the digit 8. Here they are: 87541322 812715 812,715 812,715 881,934 812,715 8,716 8,716 8,475,044 83,991 8,716 8,477,497 87,541,322 8,477,497 812,715 84,159 8,716 812,715 812,715 8.0 812,715 | We found 33 numbers that start with the digit 9. Here they are: 9471596 9372058 9,296,616 9,287,900 9,313,799 9,389,074 9,471,596 9,372,058 9,313,799 9,389,074 909,903 9,563 90,822 90,822 9,594,971 909,903 9,563 90,822 96 95 90,822 9,471,596 9,372,058 97,800 97,800 9.20 9.20 9,287,900 9,287,900 9,287,900 9,287,900 909,903 909,903 |
While the above OTECU 10Q Filed 5/28/2024 is interesting in isolation, we have found that it is also useful to take a look at older
OceanTech Acquisitions I Corp. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a
Benford's Law analysis. Below we repeat the 10Q Filed 5/28/2024 but instead of the chart comparing against the typical company across
our coverage universe, below we show the same chart compared against the typical OTECU 10Q and 10K filings that we have processed
historically. This is followed by similar charts for each of those historical filings.
| 10Q Filed 5/28/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 404 ■ = Typical OTECU range from 4/15/2024 to 5/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 4/15/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 479 ■ = Typical OTECU range from 4/15/2024 to 5/28/2024 | ||||||||||||||||||||||||||||||||||||