Osiris Acquisition Corp. (OSI.U) Prices Downsized $230M IPO


Osiris Acquisition Corp. (OSI.U) Prices Downsized $230M IPO

May 14, 2021 IPOs by Marlena Haddad

Osiris Acquisition Corp. announced the pricing of its downsized $230 million IPO and its units are expected to begin trading on the NYSE under the symbol “OSI.U” Friday, May 41.

The new SPAC aims to combine with a highly recognizable consumer, retail, or leisure company that has loyal customers and has been disproportionately affected due to the impact of COVID. Osiris is led by CEO Benjamin Black, President Benjamin Fader-Rattner, and CFO and Secretary Anthony Martucci.

Total SPAC deal count for 2021 year-to-date is now 317. This offering is expected to close on Tuesday, May 18.

Jefferies LLC is acting as the sole book-running manager for the offering and as representative of the underwriters. B. Riley Securities is acting as a co-manager for the offering. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.