Origin Materials Enters $100M Securities Purchase Agreement

An announcement from Origin Materials ( (ORGN) ) is now available.

On November 13, 2025, Origin Materials, Inc., a Delaware corporation, entered into a securities purchase agreement with an institutional purchaser for the issuance of senior secured convertible notes worth up to $100 million. The notes, which bear no interest unless in default, are convertible into common stock at a set conversion price, with the initial closing expected around November 17, 2025, for $16.7 million in notes. The company plans to seek stockholder approval for issuing conversion shares exceeding 19.99% of its outstanding common stock. This agreement includes customary events of default and requires the company to maintain certain financial conditions, such as a minimum cash reserve. The issuance is part of a registered direct offering under a prospectus supplement to an effective registration statement.

The most recent analyst rating on (ORGN) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Origin Materials stock, see the ORGN Stock Forecast page.

Spark’s Take on ORGN Stock

According to Spark, TipRanks’ AI Analyst, ORGN is a Neutral.

Origin Materials’ overall stock score is primarily impacted by its financial challenges, including declining revenues and profitability issues. Technical analysis also indicates bearish momentum. While the earnings call provided some positive insights, such as successful financing and technological advancements, concerns about cash burn and production delays remain significant.

To see Spark’s full report on ORGN stock, click here.

More about Origin Materials

Average Trading Volume: 1,069,573

Technical Sentiment Signal: Sell

Current Market Cap: $72.55M

Find detailed analytics on ORGN stock on TipRanks’ Stock Analysis page.