Origin Materials Secures $11.18M Financing for PET Equipment

Origin Materials ( (ORGN) ) has shared an announcement.

On September 22, 2025, Origin Closures, LLC, a subsidiary of Origin Materials, executed a Secured Promissory Note with Starlinger & Co Gesellschaft m.b.H. to finance equipment for producing polyethylene terephthalate (PET) sheets. The Note, effective October 7, 2025, amounts to approximately $11.18 million and carries an interest rate of 10.56% per annum, with repayment scheduled semi-annually until October 2029. The Note is secured by the equipment and includes provisions for default. Additionally, Origin Materials executed a Guaranty Agreement to ensure the performance and payment obligations under the Note, effective the same date.

The most recent analyst rating on (ORGN) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Origin Materials stock, see the ORGN Stock Forecast page.

Spark’s Take on ORGN Stock

According to Spark, TipRanks’ AI Analyst, ORGN is a Neutral.

Origin Materials faces substantial financial and operational challenges, reflected in its low financial performance and valuation scores. While there are positive developments in strategic partnerships and product launches, these are overshadowed by manufacturing delays, tariff impacts, and reduced financial guidance. The technical indicators also suggest bearish momentum, contributing to a cautious outlook.

To see Spark’s full report on ORGN stock, click here.

More about Origin Materials

Origin Materials, Inc. operates in the sustainable materials industry, focusing on the production of bio-based materials. The company is known for its efforts in creating environmentally friendly alternatives to traditional petroleum-based products.

Average Trading Volume: 1,158,876

Technical Sentiment Signal: Sell

Current Market Cap: $80.2M

Find detailed analytics on ORGN stock on TipRanks’ Stock Analysis page.