Magnum Opus Acquisition Limited
OPA-WT
New York Stock Exchange0.00
USD
-0.01
- -
CIK
0001843121
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
64.38
5Y
- -
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001843121
- Similar Companies
- Business
- Magnum Opus Acquisition Limited (NYSE:OPA-WT) operates as a special purpose acquisition company, or blank check company, sponsored by L2 Capital, with no significant current operations beyond pursuing a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, particularly targeting enterprises at the convergence of consumption and technology sectors. Incorporated in 2021 and headquartered in Central, Hong Kong, the company focuses on partnering with public-ready global enterprises to support their transition to public markets; its securities include Class A ordinary shares, units, and public warrants exercisable at $11.50 per share expiring March 2026. Geographically, Magnum Opus maintains operations centered in Hong Kong with a global investment scope. In recent developments, the company entered a definitive merger agreement in September 2022 with Asia Innovations Group Limited, valuing the combined entity at $2.5 billion, but the deal was terminated, followed by a failed earlier combination with Forbes; unable to complete a business combination, Magnum Opus announced redemption of all outstanding shares effective February 8, 2024, and liquidation thereafter, with ongoing trading limited to warrants amid compliance issues including delayed SEC filings.