Origin Materials sets 1-for-30 reverse stock split
Origin Materials approved and implemented a one-for-thirty reverse stock split of its common stock, effective March 19, 2026.
Rhea-AI Filing Summary
Origin Materials approved and implemented a one-for-thirty reverse stock split of its common stock, effective March 19, 2026. Every 30 previously issued and outstanding shares now equal one share, with the par value per share unchanged at $0.0001. Fractional shares will not exist; instead, any holder entitled to a fraction will receive one whole share.
The company’s common stock will begin trading on the Nasdaq Capital Market on a split-adjusted basis on March 20, 2026 under the existing symbol ORGN, with a new CUSIP 68622D205. Equity incentive plans, the employee stock purchase plan, and outstanding stock options, restricted stock units, and warrants are adjusted proportionally, including higher per-share exercise prices. Public warrants will continue trading as ORGNW and will require 30 warrants, at an aggregate exercise price of $345.00, to purchase one share of common stock.
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Insights
Origin Materials executed a 1-for-30 reverse split, reshaping its share count but not its economic value.
The company consolidated every 30 common shares into one, effective March 19, 2026, leaving par value per share unchanged. This also proportionally adjusts equity incentive plan shares, stock options, restricted stock units, and warrants so each instrument reflects the new share structure.
Public warrants remain listed as ORGNW with a per-warrant exercise price of $11.50, now requiring 30 warrants for one share at a total of $345.00. The stock will trade on a split-adjusted basis from March 20, 2026, while fractional positions are rounded up to a full share, slightly increasing total shares versus strict mathematical consolidation.
Overall, the move primarily alters the number of shares and per-share prices rather than underlying company value. Future disclosures in periodic reports can provide updated share counts and any secondary effects on trading dynamics once the split has been in place for some time.
8-K Event Classification
FAQ
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What reverse stock split did Origin Materials (ORGN) implement?
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Did Origin Materials change its CUSIP number after the reverse stock split?
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