No, not completely. It will stop some 4mm above the base plate (so the sensor is 12.5mm above the plate).
It fits perfect for my ASI1600/EFW/OAG setup, in 'default configuration' the 290 is in focus turning the helical 2.6mm out (i.e., approx. midway in its range).
Yuck, sorry - I just noticed that I had removed the small black ring at the end of the camera for some tests. So that one is ~2mm above the bottom -> 10.5mm