Origin Materials, Inc. 8-K Report: Key Financial Insights as of December 2024
Based on the provided section of the financial report for Origin Materials, Inc., the following key information and insights can be extracted:
- Company Information:
- Name: Origin Materials, Inc.
- CIK Number: 0001802457
- Address: 930 Riverside Parkway Suite 10, West Sacramento, CA 95605
- Phone Number: 916-231-9329
- SEC File Number: 001-39378
- EIN: 87-1388928
- Filing Details:
- Form Type: 8-K (Current Report)
- Filing Date: December 13, 2024
- Stock Information:
- Common Stock:
- Par Value: $0.0001 per share
- Ticker Symbol: ORGN (listed on NASDAQ)
- Warrants:
- Each warrant is exercisable for one share of Common Stock.
- Exercise Price: $11.50 per share
- Ticker Symbol: ORGNW (listed on NASDAQ)
- Context of Reporting:
- The report identifies a specific financial context for the reporting period, which is singular, indicating that the report details events or financial information relevant to December 13, 2024.
- Equity Components:
- The report includes a dimension related to "Warrant Member" under the Statement of Equity Components, indicating that the company has issued warrants as part of its equity structure.
Insights:
- The 8-K filing suggests a significant event or update regarding Origin Materials, Inc., which is often related to corporate actions, financial results, or important business developments.
- The presence of warrants indicates that the company may be using these as a mechanism for raising capital or providing incentives to investors.
- The exercise price of $11.50 per share for the warrants may reflect the company’s valuation expectations or strategies for future financing.
- Being listed on NASDAQ indicates that the company is subject to rigorous reporting standards and has a certain level of market visibility and credibility.
Overall, this report reveals important aspects of Origin Materials, Inc.'s financial structure and corporate actions as of December 13, 2024.