Origin Investment Corp I Closes Initial Public Offering (IPO) of $60 Million

Singapore-based blank check company Origin Investment Corp I announced the closing of its initial public offering (IPO) of 6,000,000 units at an offering price of $10.00 per unit, raising $60 million. The units began trading on the Nasdaq Global Market under the ticker symbol "ORIQU" on July 2, 2025. The company intends to use the net proceeds from the offering to pursue and consummate a business combination with one or more businesses in Asia.

Key Takeaways:

• The IPO was led by ThinkEquity, with 6,000,000 units issued at an offering price of $10.00 per unit, raising $60 million in gross proceeds.
• Each unit consists of one ordinary share and one-half of one redeemable warrant, with the warrants exercisable 30 days after the completion of the company's initial business combination.
• The company intends to use the net proceeds to pursue and consummate a business combination with one or more businesses in Asia.
• The company has granted the underwriters a 45-day option to purchase up to 900,000 additional units at the IPO price to cover over-allotments, if any.
• The company has been formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities in Asia.

Statistics:

• The IPO raised $60 million in gross proceeds.
• 6,000,000 units were issued at an offering price of $10.00 per unit.
• The net proceeds from the offering will be used to pursue and consummate a business combination with one or more businesses in Asia.
• The warrants will become exercisable 30 days after the completion of the company's initial business combination.
• The company received a registration statement on Form S-1 (File No. 333-284189) from the Securities and Exchange Commission on July 1, 2025.

Sources:

• GlobeNewswire
• Securities and Exchange Commission (SEC)
• ThinkEquity