---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009400"
form_type: "8-K"
ticker: "ORN"
cik: "0001402829"
company_name: "Orion Group Holdings Inc"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:46:14.129976+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Orion Group terminates $34M land sale with Brixx; new term sheet for Q3 2024 close

## Summary
- Brixx Technologies terminated the Land Sale Contract on June 14, 2024, for 341.3 acres in Harris County, TX, at a $34M purchase price.
- Orion promptly entered a new term sheet with a prospective buyer, targeting Q3 2024 closing subject to customary conditions.
- No assurance that the property sale will be consummated within that timeframe or at all.

## SEC filing metadata
- accession: 0001558370-24-009400
- form_type: 8-K
- ticker: ORN
- cik: 0001402829
- company_name: Orion Group Holdings Inc
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402829/000155837024009400/0001558370-24-009400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402829/000155837024009400/orn-20240614x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009400
- JSON: https://secwatch.observer/filing/0001558370-24-009400.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009400.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.