Failure to complete an initial business combination
The company exists to consummate a merger or similar transaction; without one, the SPAC may liquidate.
- Scope
- Trust capital and corporate existence
- Materiality
- high
Origin Investment Corp I
Origin Investment Corp I is a U.S.-based blank check company formed to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. As a special purpose acquisition company, it holds IPO proceeds in trust while searching for a target operating business to combine with.
7.20
7.20
| % | |
|---|---|
| SPAC structure | 100% A publicly listed acquisition vehicle that raises capital to complete a future business combination. |
The company does not sell products or services to end customers in the ordinary course...
- Public market investorsprimary
Buy units and shares for exposure to a future acquisition transaction and trust value.
- Target company ownersprimary
Provide the operating business that may merge into the listed shell.
- Private placement investorssecondary
Buy private placement units alongside the IPO to support the transaction structure.
Origin Investment Corp I is organized in the United States and operates as a U.S. listed acquisition vehicle...
- •United States domicile and listing base
- •No operating revenue geography disclosed yet
- •Future exposure depends on the acquisition target
- •Trust account and transaction activity are U.S.-based
The company’s strategy is to identify and complete an initial business combination within the SPAC framework...
01
Identify a suitable target businessshort-term
The company’s value creation depends on finding an operating business to combine with.
02
Execute a de-SPAC transactionshort-term
A completed combination converts the shell into an operating public company.
The main risk is that the company may not complete a business combination within the required timeframe, which could...
Redemption and financing risk
Investors may redeem shares and reduce cash available for the transaction, increasing reliance on outside financing.
- Scope
- Transaction funding
- Materiality
- high
Target selection and valuation risk
A poor acquisition can impair post-combination performance and shareholder value.
- Scope
- Post-merger business quality
- Materiality
- high
Trust account accounting
Affects balance sheet presentation and available deal capital
Warrant and unit accounting
Can create earnings volatility and equity remeasurement
Redeemable shares
Influences reported capital structure and book value
: 29.4.2026