Articles from Danimer Scientific, Inc.

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that it received notice the New York Stock Exchange (“NYSE”) suspended trading of its common stock on the NYSE effective immediately and started the process to delist its common stock from the NYSE. The start of the delisting process follows the NYSE’s determination under Rule 802.01B of the NYSE Listed Company Manual that the Company did not meet the continued listing standard that requires listed companies to maintain an average global market capitalization of at least $15 million over a period of 30 consecutive trading days.
By Danimer Scientific, Inc. · Via Business Wire · December 31, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that the Company issued a super senior secured promissory note (the “Secured Loan”) in an aggregate principal amount of $11,250,000 to certain lenders under its existing term loan financing agreement, as well as certain additional lenders. The Secured Loan provides for $11,250,000 gross proceeds, less fees and expenses. The Secured Loan has a two-year maturity and accrues interest at 15.0% per annum, which interest is payable in kind.
By Danimer Scientific, Inc. · Via Business Wire · December 17, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today financial results for its third quarter ended September 30, 2024.
By Danimer Scientific, Inc. · Via Business Wire · November 19, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its third quarter 2024 financial results before the market opens on Tuesday, November 19, 2024.
By Danimer Scientific, Inc. · Via Business Wire · November 14, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or “Company”), a leading, next-generation biotechnology company focused on the production of biomaterials, announced today that, following approval by the Company’s stockholders and its Board of Directors, the Company will effect a reverse stock split (“Reverse Stock Split”) of Danimer’s Class A common stock, par value $0.0001 per share (“Common Stock”), at a ratio of 1-for-40 (the “Reverse Stock Split Ratio”), which ratio was determined by the Board of Directors from within a range of ratios authorized by the stockholders. The Reverse Stock Split is expected to become effective on November 12, 2024, after close of trading on the New York Stock Exchange (“NYSE”). The Common Stock is expected to begin trading on a split-adjusted basis when the markets open on November 13, 2024, under the existing trading symbol “DNMR” and new CUSIP number (236272 407).
By Danimer Scientific, Inc. · Via Business Wire · November 1, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Company” or “Danimer Scientific”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced that, on September 27, 2024, the United States Court of Appeals for the Second Circuit affirmed the 2023 Order of the United States District Court for the Eastern District of New York dismissing a previously disclosed putative class action complaint captioned In re Danimer Scientific, Inc. Securities Litigation. Subsequently, the plaintiffs in the three shareholder derivative cases that had been pending in state and federal courts in Delaware, which cases had been stayed pending the outcome of the Second Circuit case, dismissed their complaints.
By Danimer Scientific, Inc. · Via Business Wire · October 28, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation biotechnology company focused on the production of biodegradable materials, today announced that Richard Altice, a current Danimer director and former President and Chief Executive Officer of NatureWorks, has been named Interim Chief Executive Officer, effective immediately. Mr. Altice succeeds Stephen Croskrey, who previously announced his intention to retire after more than eight years as CEO. In addition to his ongoing role as a director, Mr. Croskrey has agreed to serve as a Special Advisor until the end of the year to further support this transition. Richard Hendrix will continue to lead the Board as Chairman.
By Danimer Scientific, Inc. · Via Business Wire · October 15, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer”), a leading, next-generation biotechnology company focused on the production of biodegradable materials, and Ningbo Homelink Eco-iTech Co. Ltd. (“Homelink”), a leading manufacturer of disposable tableware, have announced commercial launch of home compostable extrusion coating biopolymers made with Danimer’s signature polyhydroxyalkanoate (PHA), Nodax®. Homelink’s cups, coated with Nodax® PHA-based biopolymer, will offer their customers a home and industrially compostable, and fully repulpable alternative to traditional paper cups. The PHA biopolymer grade is designed to replace polyethylene and be used as a liquid barrier coating for paper cups.
By Danimer Scientific, Inc. · Via Business Wire · September 26, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today financial results for its second quarter ended June 30, 2024.
By Danimer Scientific, Inc. · Via Business Wire · August 8, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024.
By Danimer Scientific, Inc. · Via Business Wire · August 2, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Company” or “Danimer Scientific”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced the completion of a previously announced pro-rata dividend distribution of warrants (“Dividend Warrants”) to holders of the Company’s Class A Common Stock, par value $0.0001 per share (“Common Stock”), as of May 13, 2024 (“Record Date”). The stockholders of record as of the Record Date received one (1) Dividend Warrant for every three (3) shares of Common Stock held as of the Record Date, subject to downward rounding. Holders of our 3.250% Convertible Senior Notes due 2026 (“Convertible Notes”) and our pre-funded common stock purchase warrants dated March 25, 2024 (collectively, “other eligible recipients”) as of the Record Date received Dividend Warrants on a pass-through basis. As an example, a stockholder who owns 3,000 shares of Common Stock received 1,000 Dividend Warrants, and a stockholder who owns 1,000 shares of Common Stock received 333 Dividend Warrants. The Dividend Warrants are expected to trade on the OTCQX market commencing on July 15, 2024 under the anticipated symbol “DNMRW” and are separate from Danimer Scientific’s Common Stock, which will continue to trade on the New York Stock Exchange under the symbol “DNMR”.
By Danimer Scientific, Inc. · Via Business Wire · July 12, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the production of biodegradable materials, announced that it received a notice from the New York Stock Exchange (“NYSE”) on May 21, 2024, that the Company is not currently in compliance with the NYSE’s continued listing standard requiring listed-company stock to maintain an average closing price of not less than $1.00 per share over a period of thirty consecutive trading days (“Minimum Price Standard”). The Notice does not result in the immediate delisting of the Company’s Common Stock from the NYSE.
By Danimer Scientific, Inc. · Via Business Wire · May 24, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that Stephen E. Croskrey has informed the Board of Directors that he will retire as Chief Executive Officer not later than the end of this calendar year. Mr. Croskrey’s employment contract expires at the end of 2024 following nine years leading Danimer’s mission to commercialize its innovative biodegradable plastic resin, Nodax® PHA. Mr. Croskrey has led Danimer through the process of becoming a public company by merging with Live Oak Acquisition Corp in 2020. During Mr. Croskrey’s tenure, Danimer has acquired and expanded its Winchester, KY plant, which is now capable of producing over 32.5 million pounds of neat PHA or about 65 million pounds of finished product. Danimer currently supplies the resin for biodegradable and compostable drinking straws used by leading brands including Starbucks as well as the broadly distributed Phade brand of straws made by Wincup. Recently, the Company has also begun supplying resin for use in compostable plastic cutlery for a leading quick serve restaurant chain and for coffee pods sold in Europe.
By Danimer Scientific, Inc. · Via Business Wire · May 20, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today financial results for its first quarter ended March 31, 2024.
By Danimer Scientific, Inc. · Via Business Wire · May 7, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of PHA biopolymers, is unveiling new commercial applications and branding during NPE 2024, North America’s largest plastics tradeshow, taking place this week in Orlando, FL.
By Danimer Scientific, Inc. · Via Business Wire · May 6, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Company” or “Danimer Scientific”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced a proposed pro-rata dividend distribution of warrants (“Dividend Warrants”) to holders of the Company’s Class A Common Stock, par value $0.0001 per share (“Common Stock”) as of May 13, 2024 (“Record Date”). Subject to the Company’s stockholders approving a proposal to increase the authorized number of shares of the Company’s Common Stock under the Company’s Fourth Amended and Restated Certificate of Incorporation at the Company’s upcoming annual meeting of stockholders to be held on or about July 9, 2024, the stockholders of record as of the Record Date will receive one (1) Dividend Warrant for each three (3) shares of Common Stock held as of the Record Date, subject to downward rounding. Holders of our 3.250% Convertible Senior Notes due 2026 (“Convertible Notes”) and our pre-funded common stock purchase warrants dated March 25, 2024 (collectively, “other eligible recipients”) as of the Record Date will also receive Dividend Warrants on a pass-through basis as determined in the agreements governing such securities and the warrant agreement governing the Dividend Warrants. The Company expects to distribute the Dividend Warrants to stockholders and other eligible recipients on or about July 12, 2024 (the date of such distribution, the “Distribution Date”). In the event that the Company’s stockholders do not approve the proposal to increase the authorized number of shares of Common Stock, no dividend will be issued.
By Danimer Scientific, Inc. · Via Business Wire · May 2, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its first quarter 2024 financial results after the market closes on Tuesday May 7, 2024.
By Danimer Scientific, Inc. · Via Business Wire · May 1, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today financial results for its fourth quarter and full year, ended December 31, 2023.
By Danimer Scientific, Inc. · Via Business Wire · March 28, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (the “Company” or “Danimer Scientific”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced the closing of its previously announced registered direct offering for the purchase and sale of 15,000,000 shares of common stock (or common stock equivalent in lieu thereof) at a purchase price of $1.00 per share (or per common stock equivalent in lieu thereof) and accompanying warrants to purchase up to an aggregate of 15,000,000 shares of common stock . The warrants have an exercise price of $1.33 per share, will be exercisable commencing six months from the date of issuance and will expire five and one-half years following the date of issuance.
By Danimer Scientific, Inc. · Via Business Wire · March 25, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (the “Company” or “Danimer Scientific”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that it has entered into a definitive agreement for the purchase and sale of 15,000,000 shares of common stock (or common stock equivalent in lieu thereof) at a purchase price of $1.00 per share (or per common stock equivalent in lieu thereof) and accompanying warrants to purchase up to an aggregate of 15,000,000 shares of common stock in a registered direct offering. The warrants have an exercise price of $1.33 per share, will be exercisable commencing six months from the date of issuance and will expire five and one-half years following the date of issuance. The closing of the offering is expected to occur on or about March 25, 2024, subject to the satisfaction of customary closing conditions.
By Danimer Scientific, Inc. · Via Business Wire · March 20, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced preliminary results for its fourth quarter and full year, ended December 31, 2023.
By Danimer Scientific, Inc. · Via Business Wire · March 20, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it has successfully completed the expansion of its Rochester, NY demonstration plant in order to better serve partners for the testing of Rinnovo® polymers.
By Danimer Scientific, Inc. · Via Business Wire · February 22, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the production of biodegradable materials, announced that it received a notice from the New York Stock Exchange (“NYSE”) on January 23, 2024, that the Company is not currently in compliance with the NYSE’s continued listing standard requiring listed-company stock to maintain an average closing price of not less than $1.00 per share over a period of thirty (30) consecutive trading days. The Notice does not result in the immediate delisting of the Company’s Common Stock from the NYSE.
By Danimer Scientific, Inc. · Via Business Wire · January 29, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the production of biodegradable materials, is pleased to announce that Dr. David Moody and Mr. Richard Altice have been appointed as members of Danimer’s Board of Directors. Dr. Moody’s appointment is effective immediately, and Mr. Altice’s appointment is effective as of April 15, 2024.
By Danimer Scientific, Inc. · Via Business Wire · January 18, 2024

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of highly engineered biodegradable materials, today announced financial results for its third quarter, ended September 30, 2023.
By Danimer Scientific, Inc. · Via Business Wire · November 14, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its third quarter 2023 financial results after the market closes on Tuesday November 14, 2023.
By Danimer Scientific, Inc. · Via Business Wire · November 7, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of biodegradable materials, today announced the commercialization of home compostable retail packaging for vegetables and fruit, which Danimer developed in partnership with biodegradable packaging and food service product manufacturer BIOLO and carrot producer Bolthouse Farms.
By Danimer Scientific, Inc. · Via Business Wire · October 19, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of biodegradable materials, today announced it is expanding its collaboration with Chevron Phillips Chemical (“CPChem”) to explore development and commercialization of cast extrusion films, blown extrusion films, injection molded parts and rotational molded parts using Rinnovo™ polymers produced in a loop slurry reactor process.
By Danimer Scientific, Inc. · Via Business Wire · September 20, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of highly engineered biodegradable materials, today announced financial results for its second quarter, ended June 30, 2023.
By Danimer Scientific, Inc. · Via Business Wire · August 8, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that its subsidiary, Meredian Bioplastics, Inc. (“Meredian”), has been invited by the U.S. Department of Energy’s (“DOE’s”) Loan Programs Office (“LPO”) into the due diligence and term sheet negotiation process (“Due Diligence”) of the DOE’s Title XVII Loan Guarantee Program.
By Danimer Scientific, Inc. · Via Business Wire · August 8, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading, next-generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its second quarter 2023 financial results after the market closes on Tuesday August 8, 2023.
By Danimer Scientific, Inc. · Via Business Wire · July 31, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of highly engineered biodegradable materials, announced today that it will be participating in the TD Cowen Sustainability Week Conference.
By Danimer Scientific, Inc. · Via Business Wire · June 7, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of highly engineered biodegradable materials, announced today financial results for its first quarter, ended March 31, 2023.
By Danimer Scientific, Inc. · Via Business Wire · May 10, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its first quarter 2023 financial results after the market closes on Wednesday, May 10, 2023.
By Danimer Scientific, Inc. · Via Business Wire · May 3, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”) CEO Stephen Croskrey rang the closing bell at the New York Stock Exchange on Monday, April 17, to mark the beginning of Earth Week.
By Danimer Scientific, Inc. · Via Business Wire · April 19, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”) and TotalEnergies Corbion, both leading bioplastics companies focused on the development and production of biodegradable materials, today announced that they have developed a new compostable coffee pod biopolymer that is in compliance with proposed EU packaging regulations.
By Danimer Scientific, Inc. · Via Business Wire · April 17, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”) announced today that Stephen Croskrey, chief executive officer of Danimer Scientific, will ring the closing bell at the New York Stock Exchange at 4 p.m. EST on Monday, April 17, marking the beginning of Earth Week.
By Danimer Scientific, Inc. · Via Business Wire · April 11, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today financial results for its fourth quarter and full year, ended December 31, 2022.
By Danimer Scientific, Inc. · Via Business Wire · March 28, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of biodegradable materials, today announced it had closed a new senior secured term loan (“Term Loan”) with an aggregate principal amount of $130 million that expands its capital structure, significantly improves its near-term liquidity position, and enables it to maintain strategic and operational flexibility as it executes its growth strategy.
By Danimer Scientific, Inc. · Via Business Wire · March 20, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”) announced that the State of Kentucky has issued a proclamation honoring the company for its “pioneering and innovative work in the biobased products industry” in celebration of National Biobased Products Day on March 8.
By Danimer Scientific, Inc. · Via Business Wire · March 13, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”) applauds the City of Jacksonville’s recent launch of a six-month pilot program to provide organics recycling services to restaurants in the Riverside and Avondale areas of Jacksonville. The city is partnering with local compost operator Sunshine Organics and Compost, doing business in Jacksonvillle as Compost Jax.
By Danimer Scientific, Inc. · Via Business Wire · March 8, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”) vice president of business development Keith Edwards will join other leaders from across the chemicals sector value chain today at the Sustainable Chemistry in RD&D to Transform the Chemicals Industry Roundtable. The event, co-hosted by the U.S. Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) Industrial Efficiency and Decarbonization Office (IEDO) and the Green Chemistry & Commerce Council (GC3), will take place in Arlington, Virginia.
By Danimer Scientific, Inc. · Via Business Wire · March 7, 2023

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today financial results for its third quarter, ended September 30, 2022.
By Danimer Scientific, Inc. · Via Business Wire · November 8, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of biodegradable materials, today announced it has appointed Stephen Martin as Chief Legal Officer and Corporate Secretary. In this role, Martin will manage a wide range of legal matters across the company as Danimer continues to expand its manufacturing capacity to meet demand in the fast-growing bioplastics market.
By Danimer Scientific, Inc. · Via Business Wire · September 20, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”) chief executive officer Stephen Croskrey will be taking part in a high-level Summit on Biotechnology & Biomanufacturing for the American Bioeconomy, being hosted today by the White House Administration.
By Danimer Scientific, Inc. · Via Business Wire · September 14, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today its financial results for the second quarter ended June 30, 2022.
By Danimer Scientific, Inc. · Via Business Wire · August 9, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that it has been invited to submit a Part II Application for a loan guarantee under the U.S. Department of Energy (DOE) Title XVII Loan Guarantee Program. The Loan Program Office’s (LPO) invitation to the Company to submit a Part II application for a loan guarantee reflects the LPO’s determination that the project satisfies the technical eligibility requirements set forth in the applicable LPO solicitation based on the materials submitted to the DOE as of the date of its determination. If successful, the loan guarantee from the DOE would help fund the Company’s Greenfield expansion in Bainbridge and its Rinnovo plant expected to be located in the Gulf States region. The Part II application process entails completing and passing through a number of steps which could ultimately result in a conditional commitment and final U.S. Department of the Treasury, Federal Finance Bank loan guaranteed by the DOE. However, there can be no assurance that the DOE will invite the Company into the due diligence and term sheet negotiation process, issue a loan guarantee or that we will be able to secure a loan on terms that are satisfactory to the Company. The foregoing matters are wholly dependent on the results of the DOE review and evaluation of a Part II application and the DOE’s determination whether to proceed.
By Danimer Scientific, Inc. · Via Business Wire · July 5, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today its financial results for the first quarter ended March 31, 2022.
By Danimer Scientific, Inc. · Via Business Wire · May 10, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next-generation bioplastics company focused on the development and production of biodegradable materials, today announced it has appointed Anthony Austin as Chief Human Resource Officer. In this role, Austin will focus on building best-in-class HR processes to strategically support the Company’s growth as it continues to expand its manufacturing capacity.
By Danimer Scientific, Inc. · Via Business Wire · April 20, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it has appointed Keith A. Edwards as Vice President of Business Development. In this role, Edwards will focus on growing market opportunities for Danimer’s biodegradable alternatives to traditional plastic as the Company continues to expand its manufacturing capacity.
By Danimer Scientific, Inc. · Via Business Wire · February 15, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” of the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today released its 2021 Environmental, Social and Governance (“ESG”) Report to share information regarding Danimer’s impact on environmental, health and safety outcomes as part of its mission to develop sustainable alternatives for the more than 500 billion pounds of plastic applications produced annually around the world.
By Danimer Scientific, Inc. · Via Business Wire · February 2, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it has signed a memorandum of understanding with Hyundai Oilbank, the oil refinery unit of Hyundai Heavy Industries Holdings, to jointly develop global new market opportunities and applications for polyhydroxyalkanoate (“PHA”), a sustainable biopolymer that serves as a biodegradable alternative to traditional plastic.
By Danimer Scientific, Inc. · Via Business Wire · January 25, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced the appointment of Michael (Mike) A. Hajost as Chief Financial Officer. Hajost will succeed John A. (Jad) Dowdy, III, who will assume the new role of Senior Vice President, Financial Planning and Analysis. Hajost will join the Company on February 7, 2022, as special advisor to Danimer’s Chief Executive Officer Stephen E. Croskrey before assuming the CFO position in early March 2022.
By Danimer Scientific, Inc. · Via Business Wire · January 20, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that members of Danimer management will participate in the CJS Securities 22nd Annual New Ideas for the New Year Conference to be held virtually on Wednesday, January 12, 2022.
By Danimer Scientific, Inc. · Via Business Wire · January 11, 2022

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today the pricing of its offering of $200,000,000 aggregate principal amount of 3.250% convertible senior notes due 2026 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $175,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on December 21, 2021, subject to customary closing conditions. Danimer also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $40,000,000 aggregate principal amount of notes.
By Danimer Scientific, Inc. · Via Business Wire · December 16, 2021

Danimer Scientific, Inc. (NYSE:DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today its intention to offer, subject to market and other conditions, $175,000,000 aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Danimer also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $26,250,000 aggregate principal amount of notes.
By Danimer Scientific, Inc. · Via Business Wire · December 15, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that members of Danimer management will participate in the Citi 2021 Global Basic Materials Conference to be held virtually on Wednesday, December 1, 2021.
By Danimer Scientific, Inc. · Via Business Wire · November 30, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today its financial results for the third quarter ended September 30, 2021.
By Danimer Scientific, Inc. · Via Business Wire · November 15, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer”), and Total Corbion PLA, both leading bioplastics companies focused on the development and production of biodegradable materials, today announced that they have entered into a long-term collaborative arrangement for the supply of Luminy® PLA, a biobased polymer used to manufacture compostable products. As Danimer continues to scale up the commercial production of Nodax®, its signature polyhydroxyalkanoate (PHA), this agreement enhances Danimer’s ability to fulfill customer needs for resins that require a blend of PLA- and PHA-based inputs.
By Danimer Scientific, Inc. · Via Business Wire · November 9, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it is collaborating with Chevron Phillips Chemical (“CPChem”) to explore a loop slurry reactor design for the manufacture of Rinnovo™. Rinnovo™ is a type of polyhydroxyalkanoate (“PHA”) synthesized from lactones produced using Danimer’s proprietary Novo22™ catalyst technology that can be used in the production of biodegradable alternatives to traditional plastics.
By Danimer Scientific, Inc. · Via Business Wire · September 22, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today shared consolidated information for investors to clarify misconceptions raised in Muddy Waters’ recent short-seller report.
By Danimer Scientific, Inc. · Via Business Wire · September 17, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it has received a $400,000 grant from the United Soybean Board to expand the Company’s evaluation of high-oleic soybean oil (HOSO) as a feedstock in the production of polyhydroxyalkanoate (PHA), a sustainable biopolymer that serves as a biodegradable alternative to traditional plastic.
By Danimer Scientific, Inc. · Via Business Wire · September 8, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today its financial results for the second quarter ended June 30, 2021.
By Danimer Scientific, Inc. · Via Business Wire · August 16, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced that it has completed the acquisition of Novomer, Inc. (“Novomer”), a leading developer of conversion technology providing transformable, functional and low net carbon inputs into the production of PHA-based resins and other biodegradable materials. Novomer develops high-performing, carbon-efficient, cost-effective polymers and chemicals, including poly(3-hydroxypropionate) (“p(3HP)”), a type of polyhydroxyalkanoate (“PHA”).
By Danimer Scientific, Inc. · Via Business Wire · August 11, 2021

Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today its financial results for the quarter ended March 31, 2021.
By Danimer Scientific, Inc. · Via Business Wire · May 17, 2021