- Artius expects to close the proposed business combination with
Origin Materials on Friday, June 25, 2021, assuming Artius’
shareholders approve the proposed business combination at the
Extraordinary General Meeting to be held on Wednesday, June 23,
2021.
- Following closing, the combined company’s stock and warrants
are expected to trade under the ticker symbols “ORGN” and “ORGNW”,
respectively, starting on Friday, June 25, 2021.
Artius Acquisition Inc. (“Artius”) (Nasdaq: AACQU, AACQ, AACQW)
announced today that it expects to close the proposed business
combination with Origin Materials on Friday, June 25, 2021,
assuming Artius’ shareholders approve the proposed business
combination with Origin Materials at the Extraordinary General
Meeting to be held on Wednesday, June 23, 2021. Following closing,
the combined company’s stock and warrants are expected to trade
under the ticker symbols “ORGN” and “ORGNW”, respectively, starting
on Friday, June 25, 2021.
The extraordinary general meeting of Artius shareholders to
approve, among other things, the proposed business combination will
be held at the offices of Cleary Gottlieb Steen & Hamilton LLP,
located at One Liberty Plaza, New York, NY 10006 and in virtual
format at https://www.cstproxy.com/artiusacquisition/sm2021 on June
23, 2021 at 10:00 a.m. Eastern Time.
About Origin Materials
Headquartered in West Sacramento, Origin Materials is the
world’s leading carbon negative materials company. Origin
Materials’ mission is to enable the world’s transition to
sustainable materials. Over the past 10 years, Origin Materials has
developed a platform for turning the carbon found in non-food
biomass into useful materials, while capturing carbon in the
process. Origin Materials’ patented drop-in core technology,
economics and carbon impact are supported by a growing list of
major global customers and investors. Origin Materials’ first
commercial plant is expected to be operational by the end of 2022
with a second commercial plant expected to be operational in 2025
and plans for additional expansion over the next decade. For more
information, visit www.originmaterials.com.
About Artius Acquisition Inc.
Artius is a special purpose acquisition company formed for the
purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses. Artius was co-founded by Charles Drucker,
the former CEO of WorldPay, Inc., a leading payments company, and
its predecessor company, Vantiv. Inc., and Boon Sim, the Founder
and Managing Partner of Artius Capital Partners LLC. For more
information, visit https://www.artiuscapital.com/acquisition.
Additional Information About the Proposed Business
Combination and Where to Find It
In connection with the proposed business combination transaction
Artius filed an amended registration statement on Form S-4 (the
“Registration Statement”) with the SEC on May 25, 2021, which
includes a proxy statement distributed to holders of Artius’
ordinary shares in connection with Artius’ solicitation of proxies
for the vote by Artius’ shareholders with respect to the proposed
transaction and other matters as described in the Registration
Statement, as well as the prospectus relating to the offer of
securities to be issued to Artius’ shareholders and Origin
Materials’ stockholders in connection with the proposed
transaction. The Registration Statement was declared effective on
May 27, 2021, and the definitive proxy statement/prospectus and
other proxy materials were mailed on or about June 1, 2021 to
Artius’ shareholders of record as of May 19, 2021. Investors and
security holders and other interested parties are urged to read the
definitive proxy statement/prospectus, any amendments thereto and
any other documents filed with the SEC carefully and in their
entirety when they become available because they will contain
important information about Artius, Origin Materials and the
proposed transaction. The documents relating to the proposed
transaction can be obtained free of charge from the SEC’s website
at www.sec.gov. Free copies of these documents may also be obtained
from Artius by directing a request to: Artius Management LLC, 3
Columbus Circle, Suite 2215, New York, New York 10019.
Cautionary Note on Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of the federal securities laws, including with
respect to the proposed transaction between Origin Materials and
Artius. Forward-looking statements generally are accompanied by
words such as “believe,” “may,” “will,” “estimate,” “continue,”
“anticipate,” “intend,” “expect,” “should,” “would,” “plan,”
“predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding Origin Materials’ business strategy, estimated
total addressable market, commercial and operating plans, product
development plans and projected financial information. These
statements are based on various assumptions, whether or not
identified in this press release, and on the current expectations
of the management of Origin Materials and are not predictions of
actual performance. These forward-looking statements are provided
for illustrative purposes only and are not intended to serve as,
and must not be relied on as, a guarantee, an assurance, a
prediction, or a definitive statement of fact or probability.
Actual events and circumstances are difficult or impossible to
predict and will differ from assumptions. Many actual events and
circumstances are beyond the control of Origin Materials and
Artius. These forward-looking statements are subject to a number of
risks and uncertainties, including that Origin Materials may be
unable to successfully commercialize its products; the effects of
competition on Origin Materials’ business; the uncertainty of the
projected financial information with respect to Origin Materials;
disruptions and other impacts to Origin Materials’ business as a
result of the COVID-19 pandemic and other global health or economic
crises; changes in customer demand; Origin Materials and Artius may
be unable to successfully or timely consummate the proposed
business combination, including the risk that any regulatory
approvals may not obtained, may be delayed or may be subject to
unanticipated conditions that could adversely affect the combined
company or the expected benefits of the business combination, or
that the approval of the shareholders of Artius or stockholders of
Origin Materials may not be obtained; failure to realize the
anticipated benefits of the business combination; the amount of
redemption requests made by Artius’ shareholders, and those factors
discussed in the Registration Statement under the heading “Risk
Factors,” and other documents Artius has filed, or will file, with
the SEC. If any of these risks materialize or our assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. There may be
additional risks that Artius and Origin Materials presently do not
know, or that Artius and Origin Materials currently believe are
immaterial, that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements reflect Artius’ and Origin Materials’
expectations, plans, or forecasts of future events and views as of
the date of this press release. Artius and Origin Materials
anticipate that subsequent events and developments will cause its
assessments to change. However, while Artius and Origin Materials
may elect to update these forward-looking statements at some point
in the future, Artius and Origin Materials specifically disclaim
any obligation to do so. These forward-looking statements should
not be relied upon as representing Artius’ and Origin Materials’
assessments of any date subsequent to the date of this press
release. Accordingly, undue reliance should not be placed upon the
forward-looking statements.
Participants in the Solicitation
Artius, Origin Materials and their respective directors,
executive officers and employees and other persons may be deemed to
be participants in the solicitation of proxies from Artius’
shareholders in connection with the proposed business combination.
Information about Artius’ directors and executive officers and
their ownership of Artius’ securities is set forth in the
Registration Statement described above. Additional information
regarding the interests of those persons who may be deemed
participants in the solicitation of proxies in connection with the
proposed transaction is set forth in the definitive proxy
statement/prospectus.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210622005461/en/
For Artius Acquisition Jason Ozone
jason@artiuscapital.com +1-212-309-7668
For Origin Materials Investors:
ir@originmaterials.com
Media: media@originmaterials.com
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