Magnum Opus Acquisition Limited
OPA-UN
New York Stock Exchange10.67
USD
-0.01
- -
CIK
0001843121
Return %
Stock
S&P500
1Y
6.81
18.02
3Y
7.78
64.11
5Y
7.78
72.15
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
- Hou Pu Lin
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- IBC Tower Central Hong Kong
- IPO Date
- Mar 23, 2021
- CIK
- 0001843121
- Website
- opusacquisition.com
- Similar Companies
- Business
- Magnum Opus Acquisition Limited (NYSE:OPA-UN) is a blank check company sponsored by L2 Capital that does not have significant operations other than to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, particularly high-growth enterprises at the intersection of consumption and technology; it raised $200 million in its initial public offering in March 2021. The company, founded in 2021 and headquartered in Central, Hong Kong, targets public-ready companies for partnering to facilitate public listings, scaling operations, and navigating market challenges. In September 2022, it announced a definitive merger agreement with Asia Innovations Group Limited, a Singapore-based mobile social platform serving emerging markets with social, gaming, e-commerce, and payment products across 150 countries, valuing the combined entity at $2.5 billion, but the deal was terminated, leading to a redemption of outstanding shares at approximately $10.81 per share and liquidation in January 2024 after failing to complete a business combination by the deadline.