SINGAPORE, July 03, 2025 — Origin Investment Corp I (“the Company”), a newly formed special purpose acquisition company, announced today the completion of its initial public offering (“IPO”) of 6,000,000 units priced at $10.00 each. Each unit includes one ordinary share and one-half of one redeemable warrant. The units began trading on the Nasdaq Global Market (“Nasdaq”) on July 2, 2025, under the ticker symbol “ORIQU”. Each whole warrant allows the holder to purchase one ordinary share at $11.50, subject to adjustments detailed in the prospectus. Only whole warrants can be exercised. The warrants will be exercisable 30 days after the Company’s initial business combination and will expire five years after this combination, or earlier upon redemption or liquidation. Once the unit components are traded separately, the ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “ORIQ” and “ORIQW”, respectively. No fractional warrants will be issued when the units are separated, and only whole warrants will be traded. The underwriters have also been granted a 45-day option to buy up to 900,000 additional units at the IPO price to cover any over-allotments.
The Company plans to use the net proceeds from the offering, along with proceeds from a simultaneous private placement of units, to pursue and complete a business combination with one or more businesses.
ThinkEquity served as the sole book-running manager for the offering.
A registration statement on Form S-1 (File No. 333-284189) for the units was filed with the Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. The offering was conducted via a prospectus, which can be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus is also available on the SEC’s website.
This press release is not an offer to sell or a solicitation of an offer to buy these securities, nor will there be any sale of these securities in any jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
About Origin Investment Corp I
The Company is a blank check company, also known as a special purpose acquisition company (SPAC), created to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. While the Company will not restrict its target search to any specific business sector, it intends to focus on finding a target business in Asia. However, the Company will not complete its initial business combination with an entity or business in China or with China operations consolidated through a variable interest entity structure.
Forward-Looking Statements
This press release contains “forward-looking statements” regarding the IPO, the intended use of net proceeds, and the search for an initial business combination. There is no guarantee that the net proceeds from the offering will be used as stated. These statements are subject to numerous conditions, many beyond the Company’s control, including those in the Risk Factors section of the Company’s registration statement and IPO prospectus filed with the SEC. These documents are available on the SEC’s website. The Company is not obligated to update these statements for revisions or changes after this release date, except as legally required.
Contact:
Edward Chang, CEO
+65 7825-5768
