Origin Materials Announces Organizational Streamlining to Further Support Caps and Closures Business
Origin Materials, Inc. - Class A (ORGN)
US:NASDAQ Investor Relations:
origenfinancial.com
Company Research
Source: Business Wire
— Origin is Reallocating Resources to Caps and Closures and Reducing Overall Cash Burn to Accelerate Timeline to Profitability —— Origin 1 to Operate “On Demand” for Customer Sample Production —— Maintains 2024 Financial Guidance, Timeline for PET Cap Commercial Production and Revenue — WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), a technology company with a mission to enable the world’s transition to sustainable materials, today announced an organizational realignment that reflects the reallocation of resources to its caps and closures business and reduces overall cash burn to accelerate Origin’s timeline to profitability.“As near-term demand for Origin’s PET caps continues to increase, potentially exceeding our currently planned manufacturing capacity for 2025 and 2026, we are proactively reallocating resources to our caps and closures business,” said John Bissell, Co-Founder and Co-CEO of Origin Materials. “Our first caps customer
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News
- Origin Materials Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Origin Materials, Inc. Reports Operating and Financial Results for Third Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Origin Materials, Inc. Reports Operating and Financial Results for Third Quarter 2024Business Wire
- Origin Materials Inc (ORGN) Q3 2024 Earnings Report Preview: What To Expect [Yahoo! Finance]Yahoo! Finance
- Origin Materials Announces Third Quarter 2024 Earnings Release Date and Conference CallBusiness Wire
ORGN
Earnings
- 11/14/24 - Miss
ORGN
Sec Filings
- 11/21/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- ORGN's page on the SEC website