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Stock impact report

Origin Materials Regains Compliance with Nasdaq Listing Requirements

Origin Materials, Inc. - Class A (ORGN) 
US:NASDAQ Investor Relations: origenfinancial.com
Company Research Source: Business Wire
WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced that on June 11, 2024 it received written notice from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) stating that the Company regained compliance with the Minimum Bid Price Requirement set forth in Nasdaq Listing Rule 5550(a)(2).The Company had previously been notified by the Nasdaq on January 4, 2024, that it was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company’s common stock had been below $1.00 for more than 30 consecutive business days. In order to regain compliance with the Minimum Bid Price Requirement, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which was achieved on June 10, 2024.On Show less Read more
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