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Orion Biotech Opportunities Priced, Nasdaq: ORIAU

Blank check company formed by MSD Partners and Panacea Venture targeting the biotech and life science sectors (liquidated).

Industry: SPAC

First Day Return: +0.5%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an acquisition opportunity in any business, industry, sector, or geographical location, we intend to focus on the biotechnology and life sciences industries. In particular, we will target North American, European, and Asian healthcare companies with the potential to drive transformational change through the development and commercialization of novel therapies or technologies, areas in which our team has extensive operating, investing and transactional experience. Our sponsor is affiliated with MSD Partners and Panacea. Panacea is a leading venture capital firm focused on early and growth stage healthcare companies globally. MSD Partners is an investment adviser registered with the SEC under the Investment Advisers Act of 1940, as amended, which was established in 2009, by partners of MSD Capital. Orion will benefit from Panacea’s relationship network and extensive biotechnology and life sciences investing, development, financial, and operational expertise. Orion will also benefit from MSD Partners’ depth of investment experience across asset classes through different economic cycles, its proprietary relationships, and its reputation in the marketplace as a preferred partner.
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IPO Data
IPO File Date 02/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/12/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 3

Orion Biotech Opportunities (ORIAU) Performance