Osiris Acquisition registered with the SEC to offer 25 million units, each consisting of one share of Class A common stock and one-half of one redeemable warrant; whole warrants exercisable at $11.50.
The new SPAC seeks to “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,” the filing states.
Osiris is led by CEO and Director Benjamin Black, founder and managing partner of Fortinbras Enterprises, a special situations investment fund founded in October 2020.
The SPAC said it will apply for a listing on the NYSE under OSI.U. Read more.
