secwatch.observer — SEC 8-K summary
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Issuer:     Origin Materials, Inc. (ORGN)
CIK:        0001802457
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001802457-22-000056
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Materials Q3 net income $8.3M, cash $362M; offtake hits $9B, Origin 1 on track for year-end mechanical completion
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- Net income of $8.3M in Q3 2022, down from $27.9M in Q3 2021.
- Adjusted EBITDA loss of $8.4M vs $5.7M loss in prior-year period.
- Cash and marketable securities $362.2M at Sept 30, 2022.
- Signed offtake agreements and capacity reservations increased to $9.0B, up from $8.1B in August 2022.
- Origin 1 mechanical completion on track by year-end 2022; commissioning complete by Q1 2023; capital budget $125-130M unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802457/000180245722000056/0001802457-22-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802457/000180245722000056/orgn-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001802457-22-000056

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