Orion Acquisition Corp.
OHPAU
NASDAQ Capital Market10.08
USD
+0.05
- -
CIK
0001836129
ISIN
US68626A2078
CUSIP
68626A207
Return %
Stock
S&P500
1Y
2.58
26.53
3Y
0.25
76.60
5Y
0.25
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Beau Garverick
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 767 3rd Avenue New York City NY United States of America 10153
- IPO Date
- Mar 2, 2021
- CIK
- 0001836129
- Website
- orionhp.com
- Similar Companies
- Business
- Orion Acquisition Corp. Orion Acquisition Corp. (OHPAU) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities, with an initial focus on the healthcare industry in the United States or other developed countries; it offers no current products or services beyond its special purpose acquisition structure, including Class A ordinary shares, public warrants and units traded on Nasdaq. Incorporated in 2020 and headquartered in New York, New York, the company targets healthcare enterprises with durable revenue bases and track records of innovative product development, led by Co-Founder, CEO and Director Beau Garverick, Chairman Kenneth Burdick and Co-Founder and Director Randy Simpson, in partnership with Halle Capital Management for due diligence support. In recent developments, Orion Acquisition Corp. raised $414 million in an upsized initial public offering in March 2021, including an over-allotment option fully exercised by underwriter Credit Suisse; however, as of late 2022, it pursued early liquidation by shareholder vote ahead of its standard deadline, citing adverse market conditions and a 1% excise tax on redemptions under the Inflation Reduction Act, resulting in the return of capital to investors without completing a business combination. The company maintains no active operations, subsidiaries or geographic expansions beyond its U.S.-based structure, and its units continue limited trading activity as of 2025.
Orion Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Warrants Commencing April 22, 2021
Andreas Halvorsen Sets His Sights on Orion Acquisition
Orion Acquisition Corp. Closes Upsized $414 Million Initial Public Offering
Orion Acquisition Corp. Announces Pricing of Upsized $360 Million Initial Public Offering