According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Origin Materials Inc. announced on March 4 that its board of directors has officially approved a 1-for-30 reverse stock split plan.
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The plan is scheduled to take effect officially on March 19, 2026. This reverse stock split aims to adjust the number of outstanding common shares of the company. Specifically, every 30 issued common shares will be consolidated into 1 new common share. This move will not change shareholders' ownership percentages in the company, but will correspondingly reduce the total number of the company's common shares.
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