---
schema_version: "secwatch.filing_event.v1"
accession: "0001802457-25-000076"
form_type: "8-K"
ticker: "ORGN"
cik: "0001802457"
company_name: "Origin Materials, Inc."
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:21:44.618923+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Origin Materials enters $100M convertible note facility; initial $16.7M tranche funded

## Summary
- Issued $16.7M in senior secured convertible notes; net proceeds $15.0M after 10% OID.
- Notes bear zero interest, mature 30 months from closing, convertible at $0.62616 per share.
- Monthly amortization payments of $3.0M (cash) or greater of $2.0M and 20% of daily volume (stock).
- Additional $83.3M available in tranches subject to stockholder approval and other conditions.
- Security agreement grants first-priority lien on substantially all personal property assets.

## SEC filing metadata
- accession: 0001802457-25-000076
- form_type: 8-K
- ticker: ORGN
- cik: 0001802457
- company_name: Origin Materials, Inc.
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802457/000180245725000076/0001802457-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802457/000180245725000076/orgn-20251113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001802457-25-000076
- JSON: https://secwatch.observer/filing/0001802457-25-000076.json
- Plain text: https://secwatch.observer/filing/0001802457-25-000076.txt

## Source-grounded claims
- claim_id: 98dac2244963a4dd2e3579472254d152110da5b0
  claim: Origin Materials, Inc. incurred senior notes of $16.7 million in aggregate principal amount of Notes with an institutional purchaser at The Notes bear no interest rate (except upon event of default) maturing the date that is the 30-month anniversary of the last day of the month in which the closing with respect to the applicable Notes occurs.
  evidence_excerpt: under the Purchase Agreement to occur on or about November 17, 2025, subject to the satisfaction of customary closing conditions. At the initial closing, the Company will issue $16.7 million in aggregate principal amount of Notes and will receive $15.0 million (after deducting the original issue discount). The Company has agreed to seek stockholder approval to permit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802457/000180245725000076/0001802457-25-000076-index.htm

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