Origin Investment Corp I Completes $60 Million Initial Public Offering
Singapore, July 03, 2025 — Origin Investment Corp I (the “Company”), a newly formed special purpose acquisition company, announced today the successful conclusion of its initial public offering (“IPO”). The IPO involved the sale of 6,000,000 units, priced at $10.00 per unit, with each unit comprising one ordinary share and a half of one redeemable warrant. These units commenced trading on the Nasdaq Global Market (“Nasdaq”) as “ORIQU” on July 2, 2025. Each full warrant grants its holder the right to acquire one ordinary share at $11.50 per share, subject to prospectus-defined adjustments; only whole warrants are exercisable. Warrants will become exercisable 30 days post-completion of the Company’s initial business combination, expiring five years after this event, or earlier if redeemed or upon the Company’s liquidation. Once the components of the units trade separately, the ordinary shares and warrants are anticipated to be listed on Nasdaq under “ORIQ” and “ORIQW” respectively. Fractional warrants will not be issued upon unit separation, with only whole warrants trading. Furthermore, the Company has provided underwriters with a 45-day option to acquire up to 900,000 additional units at the IPO price, intended for over-allotment coverage.
The Company plans to utilize the net proceeds from both this offering and a concurrent private placement of units to identify and finalize a business combination with one or more enterprises.
ThinkEquity served as the exclusive book-running manager for this offering.
A registration statement on Form S-1 (File No. 333-284189), pertaining to these units, was submitted to the Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. This offering was exclusively conducted via a prospectus. Final prospectus copies are available from ThinkEquity, located at 17 State Street, 41st Floor, New York, New York 10004. The final prospectus has been lodged with the SEC and can be accessed on the SEC’s official website at .
This press release does not represent an offer to sell or a solicitation to buy, nor will these securities be sold in any state or jurisdiction where such an offer, solicitation, or sale would be illegal without prior registration or qualification under applicable securities laws.
About Origin Investment Corp I
The Company operates as a blank check company, commonly known as a special purpose acquisition company (SPAC). Its primary objective is to execute a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Although the Company’s search for a target business is not confined to a specific industry segment, it plans to concentrate its efforts on identifying a target in Asia. Nevertheless, the Company will not complete its initial business combination with any entity or business based in China or one that has Chinese operations consolidated through a variable interest entity structure.
Forward-Looking Statements
This press release includes “forward-looking statements,” which pertain to the IPO, the projected application of its net proceeds, and the search for an initial business combination. There is no guarantee that the offering’s net proceeds will be used precisely as stated. Forward-looking statements are influenced by various conditions, many beyond the Company’s control, including those detailed in the Risk Factors section of the Company’s IPO registration statement and prospectus filed with the SEC. These documents are accessible on the SEC’s website at . The Company is not obligated to revise or update these statements following the release date, unless legally required.
Contact:
Edward Chang, CEO
+65 7825-5768