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Orion Acquisition Priced, Nasdaq: OHPAU

Blank check company led by former WellCare execs targeting the healthcare industry (liquidated).

Industry: SPAC

Latest Trade: $10.08 +0.24 (+2.4%)

First Day Return: +0.5%

Return from IPO: -1.6%

Industry: SPAC

We are a blank check company. We have partnered with Halle, a growth-equity investment firm focused on investments in healthcare, consumer, and business services that was founded in 2019. Halle will provide us with operational support, including due diligence and analytical resources, as well as a range of administrative support services. While we may pursue an initial business combination opportunity in any business, industry, sector or geographical location, we intend to focus our investment efforts on the healthcare industry in the U.S. or other developed countries. We have assembled a seasoned team of executives (the “Executive Advisors”), whom we believe will help us execute our differentiated investment strategy. Our strategy will be to identify and acquire an established healthcare business with attractive growth prospects and a compelling value proposition for our shareholders. Post business combination we believe our management team and Executive Advisors are well-suited to assist our partner company with executing on its financial, strategic and operational growth plans in order to create long term shareholder value. While we intend to pursue an acquisition opportunity broadly across the entire healthcare industry, we intend to focus on areas that improve healthcare quality and clinical outcomes, lower costs, enhance access and improve the consumer, payor and/or provider experience.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 36.0
Deal Size ($mm) $360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/01/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 36.0
Deal Size ($mm) $360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Credit Suisse
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 4
Website www.orionhp.com

Orion Acquisition (OHPAU) Performance