other material
confidence high
sentiment neutral
materiality 0.55
Origin Materials shareholders approve reverse split (1:2-1:50) and >20% share issuance for notes
Origin Materials, Inc.
- Reverse stock split approved: 75,051,440 for, 7,814,974 against, 225,256 abstentions.
- Note conversion share issuance approved: 36,175,031 for, 5,686,390 against, 1,623,867 abstentions, 39,606,382 broker non-votes.
- Quorum of 83,091,670 shares (54.32% of outstanding) at Feb 17, 2026 special meeting.
- Board authorized to set reverse split ratio between 1:2 and 1:50 at its discretion.
- Notes issued Nov 13, 2025 to institutional purchaser, as amended Dec 22, 2025.