The new company aims to combine with a healthcare target with a durable revenue base and a track record for developing innovative products. Orion is led by CEO and CFO Beau Garverick alongside Chairman Kenneth A. Burdick.
Total SPAC deal count for 2021 year-to-date is now 191. This offering is expected to close on Thursday, March 4.
Credit Suisse Securities (USA) LLC is acting as the sole book-running manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Paul, Weiss, Rifkind, Wharton & Garrison LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continentlal Stock Transfer & Trust Company is acting as trustee.