Origin Materials(ORGN) - 2023 Q4 - Annual Results
Origin Materials(ORGN)2024-03-01 05:11
Origin Materials, Inc. Reports Operating and Financial Results for Fourth Quarter and Full Year 2023 – Announces Pathway to Profitability Led by Caps & Closures, No Additional Equity Capital Required – – 2024 Cash Burn Reduced to Between 65 Million, With Significant Gross Profit Generation Expected to Begin in 2025 – – Introduces Asset Light Strategy to Scale Biomass Conversion Technology With Strategic Partners – WEST SACRAMENTO, CA., February 29, 2024 – Origin Materials, Inc. (“Origin,” “ ...