Origin Investment Corp I 8-K

What Happened
Origin Investment Corp I (ORIQ) filed an 8-K reporting that Nasdaq notified the company of noncompliance with audit committee composition rules and that the Board appointed Daniel Alef to the Audit Committee to cure the issue. Nasdaq had given a one-year phase-in from July 1, 2025; the company was out of compliance as of July 2, 2026, but appointed Mr. Alef effective July 13, 2026. Nasdaq Staff determined the appointment satisfies the rule and closed the matter, subject to public disclosure.

Key Details

• Nasdaq Listing Rule 5605(c)(2) (audit committee composition) was the requirement at issue; a phase-in period ran from July 1, 2025 to July 1, 2026.
• As of July 2, 2026, Origin had not appointed a third independent Audit Committee member; Board appointed Daniel Alef on July 13, 2026.
• The Board determined Mr. Alef meets independence under Nasdaq Rule 5605(a)(2), the enhanced audit-committee independence under 5605(c)(2), Rule 10A-3(b)(1) under the Exchange Act, and is financially literate per 5605(c)(2)(A).
• Nasdaq Staff confirmed the company now complies with Rule 5605(c)(2); the 8-K was filed to satisfy Nasdaq Listing Rule 5810(b) public disclosure requirements.

Why It Matters
For investors, this means Origin has addressed a governance technical violation that could have risked further regulatory action. The appointment restores the audit committee’s required independent composition and confirms compliance with Nasdaq and SEC-related independence standards—reducing a governance-related listing risk without any disclosed change to operations or financials.