WEST SACRAMENTO, Calif., May 15, 2026, 4:07 PM PDT
- Origin Materials told shareholders it wants their approval to liquidate and dissolve the company.
- The company put its first liquidation payout between $0.61 and $3.54 per share, depending on asset sales and claims.
- ORGN traded up about 15% to $1.43. The stock hit $2.23 earlier.
Origin Materials shares climbed Friday after the sustainable-materials firm gave an estimated initial liquidation payout of $0.61 to $3.54 a share. That range was disclosed in a preliminary proxy statement filed May 15. Investors now have a clearer idea of what could be available if a wind-down goes ahead.
Origin is shifting from pitching growth to working through a liquidation. The…