Origin Materials Inc (NASDAQ:ORGN) is a company that focuses on sustainable materials, aiming to replace fossil-based materials with renewable alternatives. The company is known for its innovative approach to creating carbon-negative materials. ORGN operates in a competitive market, with other companies also striving to develop eco-friendly solutions.
On March 20, 2026, ORGN underwent a reverse stock split at a ratio of 30 for 1. This means that every 30 shares of the company's common stock were consolidated into one share. The reverse stock split was approved by shareholders on February 17 and by the board on March 4. The stock began trading on a split-adjusted basis under the ticker symbol "ORGN."
Following the announcement of the reverse stock split, ORGN's stock price experienced a decline during Thursday's after-hours trading session. The stock is currently priced at $0.11, reflecting a slight increase of 0.71% with a minimal change of $0.0008. The stock reached a high of $0.11 and a low of $0.10 today.
Over the past year, ORGN's stock has seen significant fluctuations, with a high of $28.48 and a low of $0.10. The company's market capitalization is approximately $17.54 million, and it has a trading volume of 4,520,724 shares. The reverse stock split aims to increase the stock price and attract more investors.
Additionally, ORGN's warrants continue to trade on the Nasdaq under the ticker symbol "ORGNW." Warrant holders need to exercise 30 warrants to receive one share of common stock. This adjustment aligns with the reverse stock split and maintains consistency in the company's trading structure.
