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Osiris Acquisition Priced, NYSE: OSI.U

Blank check company formed by Fortinbras Enterprises (liquidated).

Industry: SPAC

First Day Return: -1.2%

Industry: SPAC

We are a newly incorporated blank check company. We may pursue an initial business combination in any business or industry but expect to focus on a target in an industry where we believe our management team and founder’s expertise will provide us with a competitive advantage. Our sponsor was formed through an investment by an investment vehicle managed by Fortinbras Enterprises LP, an affiliate of our sponsor. Fortinbras is an investment firm founded in 2020 to focus on special situations investments in opportunistic credit, capital structure solutions, and tailored equity in TMT, Leisure & Hospitality, Consumer Services, and Business Services. Our business strategy is to identify, 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 and may benefit from incremental capital to capitalize on significant pent-up demand and growth opportunities as the economy reopens. In particular, we believe that many such companies with strong and recognizable brands have business models that are not appropriately supported by the private markets.
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Osiris Acquisition (OSI.U) Performance