Departed
(interim)
John Bissell
Chief Executive Officer
ORGN ·
Origin Materials, Inc.
John Bissell has stepped down as Chief Executive Officer, effective May 1, 2026.
Ready 8-Ks
23
Latest filing
May 1, 2026, 7:59 PM ET
Top materiality
0.95
Event mix
other_material ×7 · earnings ×7 · debt ×3
Sentiment
1 pos · 8 neg · 14 neu
Latest earnings
reported 2025-Q3
Executive change
recent →
Recent 8-K filings for ORGN
Highest-materiality recent filing
Origin Materials board approves dissolution, liquidation; CEO steps down; workforce cut 59%
- Board approved plan of dissolution and liquidation, subject to stockholder vote at special meeting.
- Workforce reduced ~59% (~$14M annual savings); expects ~$2.1M restructuring charges in Q2 2026.
-
Origin Materials board approves dissolution, liquidation; CEO steps down; workforce cut 59%
Board approved plan of dissolution and liquidation, subject to stockholder vote at special meeting.
-
Origin Materials cash runway into Q3 2026; Q4 net loss $194M, $165.9M impairment
Q4 2025 revenue $3.0M vs $9.2M YoY; full-year revenue $18.9M vs $31.3M.
-
Origin Materials effects 1-for-30 reverse stock split effective March 19, 2026
Ratio of 1-for-30 approved by stockholders Feb 17, 2026 and Board on Mar 4, 2026.
-
Origin Materials to effect 1:30 reverse stock split, reducing shares from ~162.7M to ~5.4M
Board approved 1:30 reverse stock split on March 4, 2026; effective 5:00 p.m. ET March 19, 2026.
-
Origin Materials shareholders approve reverse split (1:2-1:50) and >20% share issuance for notes
Reverse stock split approved: 75,051,440 for, 7,814,974 against, 225,256 abstentions.
-
Origin Materials cuts workforce 32%, suspends furanics, targets 2027 EBITDA breakeven
Reduces annual OpEx by ~$11M to ~$29M via 32% headcount cut, furanics suspension, and narrowing PET cap development.
-
Origin Materials amends convertible note with Alto; potential additional tranches up to $83.3M
Amendment increases potential additional note issuances: up to $25M per tranche, $83.3M total, subject to conditions and 12-month cap of $50M.
-
Origin Materials reduces stockholder quorum from majority to one-third
Effective Dec 11, 2025, Bylaws amended to require only one-third of outstanding shares for quorum.
-
Court preliminarily approves derivative settlement requiring Origin to adopt governance reforms
Settlement resolved claims that directors made false statements about Origin 1 and Origin 2 timelines and technical issues.
-
Origin Materials enters $100M convertible note facility; initial $16.7M tranche funded
Issued $16.7M in senior secured convertible notes; net proceeds $15.0M after 10% OID.
-
Origin Materials Reports Q3 2025 Results, Secures Up to $90M Convertible Debt Financing
Revenue fell to $4.7M from $8.2M YoY; net loss narrowed to $16.4M from $36.8M.
-
Origin Materials subsidiary issues €9.48M secured note to fund PET sheet equipment
Origin Closures issued €9,476,157.60 secured promissory note to Starlinger for equipment purchase.
-
Origin Materials gets additional 180 days to regain Nasdaq $1.00 bid price compliance
Nasdaq granted Origin Materials extension to April 6, 2026 to meet minimum $1.00 bid price rule.
-
Origin Materials Q2 revenue $5.8M; cuts 2026 rev guidance to $20-30M from $50-70M
First Origin PET bottlecaps on store shelves with flat water customer; Berlin Packaging announced as customer.
-
Net loss $26.4M vs $13.9M YoY; adjusted EBITDA loss $11.0M vs $12.9M; cash $83.0M.
-
Origin Materials 2025 annual meeting: directors elected, auditor ratified, say-on-pay approved
Stockholders elected William J. Harvey (35.4M for, 5.0M withheld) and Craig A. Rogerson (39.3M for, 1.0M withheld) as Class I directors.
-
Director Pia Heidenmark Cook not standing for reelection; Board to shrink to 7
Pia Heidenmark Cook notified the Board she will not stand for reelection at the May 6, 2025 Annual Meeting.
-
Origin Materials receives Nasdaq deficiency notice for bid price below $1.00 per share
On April 7, 2025, Nasdaq notified Origin that its common stock bid price closed below $1.00 for 31 consecutive business days.
-
Q4 2024 revenue $9.2M (vs $13.1M prior year); full-year revenue $31.3M (vs $28.8M).
-
Origin Materials Co-CEO Rich Riley resigns; CFO Matt Plavan appointed COO
Rich Riley resigns as Co-CEO and director effective Dec 31, 2024; John Bissell remains sole CEO.
-
Origin Materials Q3 revenue $8.2M, net loss $36.8M; PET cap system test successful
Revenue of $8.2M (vs $7.1M); net loss $36.8M (vs $30.9M income, including non-cash gains).
-
Origin Materials cuts ~28% workforce, shifts Origin 1 to on-demand, focuses on PET caps
Workforce reduction of ~28% largely completed by Q4 2024; restructuring charge of ~$0.6M ($0.5M cash, $0.1M non-cash).
-
Origin Materials Q2 revenue $7M, net loss $19.5M; signs PET caps MOU for >$100M
Q2 revenue $7.0M (vs $6.9M prior); net loss $19.5M (vs $6.5M); adjusted EBITDA loss $12.9M (vs $11.7M).
Executive changes
Appointed
(interim)
Matt Plavan
Interim Chief Executive Officer
ORGN ·
Origin Materials, Inc.
Matt Plavan, age 62, our Chief Financial Officer and Chief Operating Officer has been appointed Interim Chief Executive Officer, effective May 1, 2026.
Departed
Pia Heidenmark Cook
Director
ORGN ·
Origin Materials, Inc.
On April 28, 2025, Pia Heidenmark Cook notified the Board of Directors (the “Board”) of Origin Materials, Inc. (the “Company”) that she has decided not to stand for reelection as a director of the Company at the Annual Meeting of Stockholders to be held on May 6, 2025 (the “Annual Meeting”).
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.95 · Median 0.65 · Most common event other_material