Company Overview - Origin Investment Corp I is a blank check company, also known as a special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities [5] - The company intends to focus its search for a target business in Asia, but will not consummate its initial business combination with an entity or business in China or with China operations consolidated through a variable interest entity structure [5] IPO Details - The company announced the pricing of its initial public offering (IPO) of 6,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant [1] - The units are expected to begin trading on the Nasdaq Global Market under the ticker symbol "ORIQU" on July 2, 2025, with the offering expected to close on July 3, 2025, subject to customary closing conditions [1] - Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, and the warrants will become exercisable 30 days after the completion of the company's initial business combination [1] - The company has granted underwriters a 45-day option to purchase up to 900,000 additional units at the IPO price to cover over-allotments [1] Regulatory Information - A registration statement on Form S-1 relating to the shares was filed with the Securities and Exchange Commission (SEC) and became effective on July 1, 2025 [3] - The offering is being made only by means of a prospectus, and copies of the final prospectus will be available from ThinkEquity and on the SEC's website [3]
Origin Investment Corp I Announces Pricing of $60,000,000 Initial Public Offering
Globenewswire·2025-07-01 23:25