OACC

Oaktree Acquisition Corp. III Life Sciences Unit (NASDAQ:OACCU) is a Special Purpose Acquisition Company (SPAC) that went public in October 2024. The company was formed as a blank check company with the specific purpose of identifying and merging with a target business in the life sciences sector. While the parent organization traces its roots to 1995, this particular SPAC entity was created recently as part of Oaktree Capital Management's third acquisition vehicle focused on life sciences investments. The company is headquartered in Los Angeles, California, and operates under the sponsorship of Oaktree Capital Management, a prominent alternative investment management firm.