Origin Investment Corp I Announces Closing of $60,000,000 Initial Public Offering
1. ORIQU closed its IPO at $10.00 per unit, totaling 6 million units. 2. Warrants attached will enable share purchases at $11.50 after the business combination. 3. No China-based business will be targeted for initial acquisitions. 4. 45-day option for underwriters to purchase an additional 900,000 units was granted. 5. Net proceeds will fund the business combination search in Asia.