CORRECTION FROM SOURCE: ORIGIN MATERIALS, INC. (ORGN) SHAREHOLDER NOTICE: GRABAR LAW OFFICE INVESTIGATES CLAIMS ON YOUR BEHALF AS CLASS ACTION SURVIVES MOTION TO DISMISS

Philadelphia, Pennsylvania--(Newsfile Corp. - February 17, 2025) - Grabar Law Office is investigating claims on behalf of Origin Materials, Inc. (NASDAQ: ORGN) shareholders. The investigation concerns whether certain officers of Origin Materials have breached their fiduciary duties owed to the company.

Current shareholders who acquired Origin Materials shares prior to February 23, 2023, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them. Visit https://grabarlaw.com/the-latest/origin-shareholder-investigation/ or contact Joshua H. Grabar at jgrabar@grabarlaw.com or call 267-507-6085 to learn more.

WHY: An underlying securities fraud class action complaint has survived Defendant's motion to dismiss key allegations and claims in the complaint.

The underlying complaint alleges that Origin Materials, Inc. (NASDAQ: ORGN), through certain of its officers, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants misled investors by failing to disclose that: (1) Origin would not be able to meet its previously announced timeline for the construction of the Origin 2 plant; (2) demand for paraxylene ("PX") had dropped such that it would not be the production focus of Origin 2; (3) Origin could not construct Origin 2 at its previously disclosed cost; (4) Origin could not construct Origin 2 at the scale it had previously identified; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On February 12, 2025, a federal court found that certain allegations in plaintiffs' amended class action complaint adequately pleaded scienter (defined as a mental state embracing intent to deceive, manipulate, or defraud) on the part of Origin Materials and one of its officers.*

WHAT YOU CAN DO NOW: If you are a current Origin Materials shareholders who has held Origin Materials stock since on or before February 23, 2023, and you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/origin-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.

*A prior iteration of this release stated in error that "a federal court found certain material statements regarding Origin's business were false when made and were made with knowledge of wrongdoing, on the part of Origin Materials and certain of its officers."

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241251