secwatch.observer — SEC 8-K summary
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Issuer:     Origin Materials, Inc. (ORGN)
CIK:        0001802457
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001802457-24-000003
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Materials receives Nasdaq notice of non-compliance with $1.00 bid price rule
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- Nasdaq notified Origin on Jan 4, 2024, that common stock closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until July 2, 2024) to regain compliance by closing at $1.00+ for 10+ consecutive days.
- If not compliant by July 2, Origin may be eligible for an additional 180-day period if it meets other listing standards.
- Origin currently meets all other Nasdaq Capital Market requirements except the bid price rule.
- Management is evaluating actions to regain compliance, including a potential reverse stock split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802457/000180245724000003/0001802457-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802457/000180245724000003/orgn-20240104.htm
  HTML page:      https://secwatch.observer/filing/0001802457-24-000003

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