Company Information

Get to know Orion Acquisition Corp.

Orion Acquisition Corp. was a blank check company, also known as a SPAC, sponsored by an affiliate of Orion Resource Partners. The company was incorporated in Delaware and completed its Initial Public Offering (IPO) on March 2, 2021, listing on the New York Stock Exchange under the ticker "OHPA". Its mission was to raise capital to acquire a company operating in the broad metals and mining, minerals, and decarbonization sectors. In July 2021, Orion announced a definitive business combination agreement with Heliogen, Inc., a provider of AI-enabled concentrated solar power. The merger was successfully completed in December 2021, and the combined entity began trading on the NYSE as "Heliogen, Inc." under the ticker "HLGN". Following the merger, Orion Acquisition Corp. ceased to exist as an independent, publicly-traded entity.

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Orion Acquisition Corp.

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.