Market Capitalization (Millions $) |
417 |
Shares
Outstanding (Millions) |
41 |
Employees |
- |
Revenues (TTM) (Millions $) |
- |
Net Income (TTM) (Millions $) |
3 |
Cash Flow (TTM) (Millions $) |
-1 |
Capital Exp. (TTM) (Millions $) |
0 |
Orion Acquisition Corp
Orion Acquisition Corp is a special purpose acquisition company, commonly known as a SPAC. It is a publicly-traded entity that is formed for the sole purpose of raising capital through an initial public offering (IPO) with the intention of acquiring an existing private company. Once the IPO is completed and sufficient funds are raised, Orion Acquisition Corp seeks to merge with a target company, effectively taking it public without going through the traditional IPO process. The target company benefits from this merger as it gains access to the public markets and increased visibility. Orion Acquisition Corp earns a profit by purchasing a controlling stake in the target company and leveraging its expertise to enhance its growth and profitability.
Company Address: 767 5th Avenue New York 10153 NY
Company Phone Number: 583-8540 Stock Exchange / Ticker: NASDAQ OHPA
|