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Magnum Opus Acquisition Stock Price, News & Analysis

OPA NYSE

Company Description

Magnum Opus Acquisition Limited (NYSE: OPA) is a special purpose acquisition company (SPAC) sponsored by L2 Capital, a private investment firm. The company focuses on partnering with enterprises that are ready to go public and are at the intersection of consumption and technology. Magnum Opus supports these companies in navigating through public listing, scaling operations, and facing various market challenges and opportunities.

Recently, Magnum Opus encountered a compliance issue with the New York Stock Exchange (NYSE) due to a delay in filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. The company now has until February 21, 2024, to regain compliance by filing the overdue report. Despite this challenge, Magnum Opus is diligently working to complete and file the necessary documents as soon as possible.

Magnum Opus boasts a team of seasoned enterprise builders and investment specialists, equipped with vast experience in both public and private markets. Their mission is to empower companies to achieve their vision and succeed in the public markets. By leveraging their expertise, Magnum Opus aims to be a pivotal partner in the growth journey of forward-thinking companies.

For more updates on Magnum Opus Acquisition Limited, please refer to the latest news section.

Stock Performance

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Performance 1 year
$125.2M
Market Cap
11.6M
Shares outstanding

SEC Filings

No SEC filings available for Magnum Opus Acquisition.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
Operating Cash Flow
Net Profit Margin
Oper. Profit Margin

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Frequently Asked Questions

What is the market cap of Magnum Opus Acquisition (OPA)?

The market cap of Magnum Opus Acquisition (OPA) is approximately 125.2M.

What is Magnum Opus Acquisition Limited?

Magnum Opus Acquisition Limited is a special purpose acquisition company (SPAC) sponsored by L2 Capital, focused on partnering with public-ready enterprises in the technology and consumption sectors.

What recent challenge did Magnum Opus face?

The company received a notice of non-compliance from the NYSE for failing to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, on time.

What is the deadline for Magnum Opus to regain NYSE compliance?

Magnum Opus has until February 21, 2024, to file the overdue June 2023 Form 10-Q to regain compliance.

Who sponsors Magnum Opus Acquisition Limited?

The company is sponsored by L2 Capital, a private investment firm.

What sectors does Magnum Opus focus on?

Magnum Opus focuses on enterprises at the convergence of consumption and technology.

What is the mission of Magnum Opus?

The mission of Magnum Opus is to support public-ready companies in achieving their vision and succeeding in public markets.

Who can I contact for investor relations?

For investor relations, you can contact Robin Yang at ICR, LLC, via email: ICR-TMT@icrinc.com.

What happens if Magnum Opus fails to file the 10-Q by the deadline?

If the company fails to file the June 2023 Form 10-Q by the deadline, the NYSE may grant an extension of up to six additional months, depending on circumstances.

Does the NYSE notice affect the company's stock trading?

The NYSE notice does not have any immediate effect on the listing or trading of the company's securities.

What experience does the Magnum Opus team have?

The team comprises enterprise builders and investment specialists with extensive experience in both public and private markets.