Count open RAID items based off of dropdown menu

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I'm trying to get a count of open RAID items. We have the following statuses in the status dropdown: New, In Progress, Backlog, Requires Validation, and Complete.

What is wrong with this formula?:

=COUNTIFS([Type (RAAIDD)]:[Type (RAAIDD)], "Risk", Status:Status, OR(@cell = "New", @cell = "In Progress", @cell = "Requires Validation"))


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