The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On May 1, Origin Materials' Board of Directors decided to sell its PET cap technology and remaining assets, followed by an orderly wind down of operations. The company is also reducing its workforce to cut costs and support the planned sale of assets.