NEW YORK, May 13, 2021 /PRNewswire/ -- Osiris Acquisition
Corp. (the "Company") today announced the pricing of its initial
public offering of 23,000,000 units at $10.00 per unit. The units will be listed on the
New York Stock Exchange (the "NYSE") under the symbol "OSI.U"
commencing on May 14, 2021. Each unit
consists of one share Class A common stock of the Company and
one-half of one redeemable warrant, each whole warrant entitling
the holder thereof to purchase one share of Class A common stock at
an exercise price of $11.50 per
share. Once the securities constituting the units begin
separate trading, the Company expects the Class A common stock and
warrants will be listed on the NYSE under the symbols "OSI" and
"OSI WS", respectively.
The Company is a special purpose acquisition company formed for
the purpose of effecting a merger, stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. It may pursue an initial
business combination target in any business or industry, with a
primary focus on targets that possess recognizable brand franchises
in the Consumer, Retail and Leisure sectors. The Company is
sponsored by Osiris Sponsor, LLC, an investment vehicle managed by
Fortinbras Enterprises LP.
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. The Company
has granted the underwriters a 45-day option to purchase up to
3,450,000 additional units at the initial public offering
price to cover over-allotments, if any.
This offering will only be made by means of a prospectus. Copies
of the preliminary prospectus relating to the offering and final
prospectus, when available, may be obtained from: Jefferies LLC,
Attention: Equity Syndicate Prospectus Department, 520 Madison
Avenue, 2nd Floor, New York, NY
10022, or by telephone at 877- 821-7388 or by email at
Prospectus_Department@Jefferies.com; or B. Riley Securities, Inc.,
1300 17th Street North, Ste 1300, Arlington, VA 22209 or by telephone at
703-312-9580.
The offering is expected to close on May
18, 2021, subject to customary closing conditions.
A registration statement relating to these securities has been
declared effective by the U.S. Securities and Exchange Commission
(the "SEC"). This press release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any State or jurisdiction in which such
an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
State or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press
release contains statements that constitute "forward-looking
statements," including with respect to the proposed initial public
offering and the anticipated use of the net proceeds. No assurance
can be given that the offering discussed above will be completed on
the terms described, or at all, or that the net proceeds of the
offering will be used as indicated. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement and
preliminary prospectus for the Company's offering filed with the
SEC. Copies are available on the SEC's
website, www.sec.gov. The Company undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Media Contact:
Dukas Linden Public Relations
osiris@dlpr.com
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SOURCE Osiris Acquisition Corp.