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Osiris Acquisition Priced, NYSE: OSI.U

Blank check company formed by Fortinbras Enterprises.

Industry: SPAC

Latest Trade: $10.68 0.00 (0.0%)

First Day Return: -1.2%

Return from IPO: +6.8%

Industry: SPAC

We are a newly incorporated blank check company. We may pursue an initial business combination in any business or industry but expect to focus on a target in an industry where we believe our management team and founder’s expertise will provide us with a competitive advantage. Our sponsor was formed through an investment by an investment vehicle managed by Fortinbras Enterprises LP, an affiliate of our sponsor. Fortinbras is an investment firm founded in 2020 to focus on special situations investments in opportunistic credit, capital structure solutions, and tailored equity in TMT, Leisure & Hospitality, Consumer Services, and Business Services. Our business strategy is to identify, combine with and maximize the value of a fundamentally strong franchise that is facing temporary dislocation due to idiosyncratic events stemming from the COVID-19 pandemic and may benefit from incremental capital to capitalize on significant pent-up demand and growth opportunities as the economy reopens. In particular, we believe that many such companies with strong and recognizable brands have business models that are not appropriately supported by the private markets.
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IPO Data
IPO File Date 04/05/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 23.0
Deal Size ($mm) $230
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/13/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 23.0
Deal Size ($mm) $230
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
B. Riley Securities
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 3

Osiris Acquisition (OSI.U) Performance