Origin Materials Secures $15 Million Convertible Debt With Option to Raise Up to $90 Million

Reuters11-14
Origin Materials Secures $15 Million Convertible Debt With Option to Raise Up to $90 Million

Origin Materials Inc. has secured a new corporate financing agreement, executing a secured convertible debt facility with an initial tranche of $15 million in cash. The agreement allows Origin Materials to access additional tranches, up to a total of $90 million, as needed to maintain a healthy cash floor and fund growth. Additionally, the company has signed a non-binding term sheet for $20 million in new equipment financing, bringing total equipment financing for its CapFormer lines to approximately $30 million. These financings are designed to support Origin's manufacturing capacity expansion and provide flexibility to optimize cash management and cost of capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Origin Materials Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113312952) on November 13, 2025, and is solely responsible for the information contained therein.
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