Fir Tree Capital Management LP acquired a new stake in Orion Acquisition Corp. (NASDAQ:OHPAU) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 200,000 shares of the company’s stock, valued at approximately $1,998,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. PEAK6 Investments LLC bought a new position in shares of Orion Acquisition in the 1st quarter worth about $1,000,000. Blackstone Group Inc. acquired a new stake in shares of Orion Acquisition in the first quarter worth $15,000,000. Wealthspring Capital LLC bought a new position in shares of Orion Acquisition in the first quarter worth about $2,951,000. HRT Financial LP bought a new stake in Orion Acquisition in the 1st quarter valued at $748,000. Finally, Centiva Capital LP acquired a new position in Orion Acquisition in the 1st quarter valued at approximately $200,000.
OHPAU stock opened at $9.90 on Thursday. The company’s fifty day simple moving average is $9.95. Orion Acquisition Corp. has a fifty-two week low of $9.80 and a fifty-two week high of $10.88.
Orion Acquisition Corp. is a blank check company. The company was incorporated in 2020 and is based in New York, New York.
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