Origin Investment Corp I logo

Origin Investment Corp I (ORIQU)

Market Closed
8 Jun, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
10. 30
0
0%
Pre Market
$
12. 65
+2.35 +22.8155%
65.46M Market Cap
- Div Yield
1 Volume
$ 10.3
Previous Close
Investors:
Add Transaction
Day Range
10.3 10.65
Year Range
9.98 10.99
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Summary

ORIQU closed Monday higher at $10.3, an increase of 0% from Friday's close, completing a monthly decrease of -6.2784% or -$0.69. Over the past 12 months, ORIQU stock lost -0.7707%.
ORIQU is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

ORIQU Chart

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Origin Investment Corp I Investors

Name Quantity Cost Value Profit ($) Gain (%)
BO
Brian Oliveira Clear Street Group Inc.
49,622 $514,093.58 $511,106.6 -$2,986.98 -0.58%

Origin Investment Corp I (ORIQU) FAQ

What is the stock price today?

The current price is $10.30.

On which exchange is it traded?

Origin Investment Corp I is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is ORIQU.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 65.46M.

Has Origin Investment Corp I ever had a stock split?

No, there has never been a stock split.

Origin Investment Corp I Profile

NASDAQ (NMS) Exchange
US Country

Overview

A blank-check company, commonly referred to as a Special Purpose Acquisition Company (SPAC), has been established with the primary goal of executing a business combination. SPACs are unique investment vehicles that raise capital through an initial public offering (IPO) to acquire an existing company. Upon completion of the acquisition, the SPAC effectively merges with the target company, providing the latter with access to public capital markets.

In this particular SPAC, the investment structure consists of units that comprise one share of common stock and half a warrant. This structure is designed to attract investors by offering them an opportunity for equity participation through shares, as well as the potential for additional leverage through the warrants that can be utilized to purchase more shares at a predetermined price in the future.

Products and Services

  • SPAC Units

    The fundamental offering of the SPAC consists of units, which are designed to entice investors. Each unit contains one share and a half warrant. This combination provides investors with standard equity ownership along with the added benefit of warrants, which can enhance potential returns.

  • Warrants

    The half warrant included in each unit gives investors a right to purchase additional shares at a specific price, usually set above the market price at the time of purchase. This financial instrument offers the potential for significant upside in the event that the underlying stock appreciates following the business acquisition.

  • Business Combination Strategy

    This SPAC will actively seek out quality companies for acquisition, focusing on businesses with solid growth potential, strong management teams, or innovative technologies. The objective is to finalize a merger that will create value for both the company being acquired and the SPAC investors, ultimately resulting in a publicly traded entity that is capable of sustainable growth.

  • Investor Returns

    Investors can expect various avenues for returns through the SPAC structure. These include share appreciation in the newly merged entity, potential cash distributions if certain milestones are met, and value realization through the exercise of warrants. This multi-faceted return profile makes SPAC investments attractive to a diverse range of investors.

  • Public Listing

    Once the merger with the target company is completed, the newly formed entity will be listed on a public exchange, allowing investors to trade shares in the open market. This offers investors liquidity, as they can buy or sell their shares post-merger, thereby unlocking the value of their investment.

Contact Information

Address: CapitaGreen
Phone: 65 7825 5768