Origin Materials stock craters as board moves to sell technology, wind down operations

Origin Materials Inc. ORGN shares are down on Monday following the company’s announcement of a strategic plan to sell its ...
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Origin Announces Plan to Sell Technology Followed by Orderly Wind Down of Operations

Origin Materials, Inc. ("Origin") (NASDAQ: ORGN, ORGNW) today announced that its Board of Directors has determined, after extensive consideration of potential strategic alternatives, that it is in the ...

Origin Materials plans to sell technology, wind down operations

Origin Materials (ORGN) down 25.5% post-market Friday after saying its board determined it is in the best interests of its ...

Origin Materials Plans to Sell Technology, Wind Down

Origin Materials said its board has approved a plan to sell its PET cap technology and other remaining assets, and then wind down operations. As part of the plan, the company will reduce its workforce ...