Heights Capital Management Inc. Acquires Shares of 250,000 Origin Investment Corp I $ORIQU

Heights Capital Management Inc. bought a new position in Origin Investment Corp I (NASDAQ:ORIQU) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 250,000 shares of the company’s stock, valued at approximately $2,528,000.

Separately, Schonfeld Strategic Advisors LLC bought a new position in Origin Investment Corp I during the third quarter valued at approximately $506,000.

Origin Investment Corp I Stock Performance

NASDAQ ORIQU opened at $10.28 on Wednesday. Origin Investment Corp I has a 1-year low of $9.98 and a 1-year high of $10.69. The business has a 50 day simple moving average of $10.25 and a two-hundred day simple moving average of $10.28.

Origin Investment Corp I Profile

Origin Investment Corp I is a Delaware-based special purpose acquisition company (SPAC) formed to pursue a business combination with a target operating company. Listed on the NASDAQ under the ticker ORIQU, the company seeks to leverage the flexible structure of a blank check vehicle to identify and consummate a merger, capital purchase, or similar business transaction.

The company’s primary focus is on identifying opportunities within technology, media, telecommunications, and related sectors.