- Origin Investment Corp I (ORIQU, Financial) completes full exercise of over-allotment option, adding 900,000 units.
- The additional units were sold at $10.00 each, closing on July 18, 2025.
- ThinkEquity served as the sole book-running manager for the offering.
Origin Investment Corp I (ORIQU), a newly organized special purpose acquisition company (SPAC), announced the full exercise and closing of its over-allotment option following the completion of its initial public offering. This allowed the underwriters to purchase an additional 900,000 units at $10.00 per unit, with the transaction closing on July 18, 2025.
The initial public offering, which raised $60 million, closed on July 3, 2025, and was managed by ThinkEquity as the sole book-running manager. Origin Investment Corp I filed a Form S-1 registration statement with the Securities and Exchange Commission, which became effective on July 1, 2025.
As a blank check company, Origin Investment Corp I is focused on identifying potential target businesses for merger or acquisition, primarily in Asia, excluding China. The completion of the over-allotment option reflect strong investor demand for the company's units.
