Orion Acquisition Registers for $300M IPO

IPO

Orion Acquisition filed with the SEC to offer 30 million units at $10 each.

The new SPAC in the filing said it will target the healthcare industry in the U.S. or other developed countries for a business acquisition.

Orion is led by Co-Founder, CEO and CFO Beau Garverick, who has approximately 20 years of healthcare investment banking, corporate development, strategy and investor relations experience, the S-1 filing states. From July 2016 through July 2020, Garverick served as Senior VP of corporate development, strategy, investor relations and integration at WellCare.

Orion intends to list on the Nasdaq under OHPAU. Read more.

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