other
confidence high
sentiment neutral
materiality 0.40
Origin Investment Corp I closes full over-allotment option, raising additional $9M
Origin Investment Corp I
- Underwriters exercised over-allotment in full for 900,000 units at $10.00 each, gross proceeds $9,000,000.
- Total trust account now holds $69,690,000 ($10.10 per unit) from IPO, over-allotment, and private placements.
- Simultaneously issued 18,000 private units to sponsor Origin Equity LLC for $180,000.
- Also issued 4,500 private units to underwriters in connection with over-allotment closing.
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