Here are the 424B prospectus supplements from Origin Materials, Inc. (ORGN) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow ORGN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ORGN filings page.
Origin Materials, Inc. is offering up to $100,000,000 in original principal amount of senior secured convertible notes, together with shares of common stock issuable upon conversion or repayment of the notes. The notes carry a 10% original issue discount, no cash interest unless there is an event of default, and mature 30 months after the month‑end of each closing. They are initially convertible at $0.62616 per share, with monthly amortization starting December 1, 2025 that can be paid in cash or stock, subject to a floor conversion price of $0.10152 and volume‑based formulas. An initial $16.7 million tranche will be issued, with up to $83.3 million more available in additional closings if trading, market cap, cash and shareholder‑approval conditions are met. Net proceeds, estimated at about $89.5 million if all notes are sold, are earmarked for working capital, capital equipment and general corporate purposes. The notes are senior secured by substantially all personal property assets, include strict cash‑minimum covenants, and can be redeemed at a 110% premium upon events of default or change of control. Shares from conversions could be highly dilutive and, together with existing warrants and options, may pressure the ORGN share price, which is already at risk of Nasdaq delisting due to failure to meet the $1.00 minimum bid price.