Orion Biotech Opportunities Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on February 5, 2021. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses that the Company has not yet identified (“Business Combination”). The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.
Company profile
Ticker
ORIAW, ORIAW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
ORIAW stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
11 May 23
25
Voluntary exchange delisting
1 May 23
8-K
Other Events
24 Apr 23
10-K
2022 FY
Annual report
29 Mar 23
10-Q
2022 Q3
Quarterly report
9 Nov 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
10-Q
2022 Q1
Quarterly report
10 May 22
10-K
2021 FY
Annual report
24 Mar 22
425
Business combination disclosure
20 Dec 21
Latest ownership filings
SC 13G/A
683 Capital Management, LLC
14 Feb 24
4
James Huang
18 May 23
4
Samuel Broder
18 May 23
4
James J. Collins
18 May 23
4
Louisa Rodriguez
18 May 23
SC 13G/A
Orion Sponsor Holdings, LLC
14 Feb 23
SC 13G
FIR TREE CAPITAL MANAGEMENT LP
15 Feb 22
SC 13G
Orion Sponsor Holdings, LLC
14 Feb 22
SC 13G
GERALD D. HOSIER REVOCABLE TRUST
15 Oct 21
4
Change in insider ownership
30 Jun 21
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 265.72 k | 265.72 k | 265.72 k | 265.72 k | 265.72 k | 265.72 k |
Cash burn (monthly) | 25.10 k | 37.23 k | 67.84 k | 74.97 k | (no burn) | 168.61 k |
Cash used (since last report) | 397.84 k | 590.01 k | 1.08 mm | 1.19 mm | n/a | 2.67 mm |
Cash remaining | -132.12 k | -324.29 k | -809.41 k | -922.44 k | n/a | -2.41 mm |
Runway (months of cash) | -5.3 | -8.7 | -11.9 | -12.3 | n/a | -14.3 |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 30 |
Opened positions | 0 |
Closed positions | 30 |
Increased positions | 0 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 639.49 mm |
Total shares | 14.21 mm |
Total puts | 0.00 |
Total calls | 115.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Orion Sponsor | 9.21 mm | $0.00 |
Gerald D. Hosier Revocable Trust | 1.50 mm | $0.00 |
Vellar Opportunities Fund Master | 1.00 mm | $0.00 |
Periscope Capital | 383.53 k | $30.64 mm |
Gritstone Asset Management | 267.72 k | $21.39 mm |
683 Capital Management | 239.80 k | $19.16 mm |
Kim | 160.00 k | $11.30 mm |
MMCAP International Inc. SPC | 159.80 k | $12.77 mm |
Linden Advisors | 140.00 k | $9.10 mm |
Cantor Fitzgerald, L. P. | 124.37 k | $9.94 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 May 23 | Orion Sponsor | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 4,879,999 | 0.00 | 1 |
17 May 23 | Samuel Broder | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 40,000 | 0.00 | 0 |
17 May 23 | Louisa Rodriguez | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 40,000 | 0.00 | 0 |
17 May 23 | Collins James J. | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 40,000 | 0.00 | 0 |