other_material
confidence high
sentiment neutral
materiality 0.50
Origin Investment Corp I closes $60M IPO; proceeds placed in trust
Origin Investment Corp I
- IPO of 6M units at $10/unit, gross proceeds $60M; units trade on Nasdaq under ORIQU.
- Net $60.6M from IPO and private placement deposited in trust account.
- Company has 24 months to complete initial business combination; focus on Asia (ex-China).
- Derek Alef appointed to board; board now five members; Kuo-Shui Chao and Derek Alef on audit/comp committees.
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