On July 16, 2020, Artius Acquisition Inc. (the Company) consummated its initial public offering (the
IPO) of 72,450,000 units (the Units), including the issuance of 9,450,000 Units as a result of the underwriters exercise in full of their over-allotment option. Each Unit consists of one Class A
ordinary share of the Company, par value $0.0001 per share (Class A Ordinary Shares), and one-third of one redeemable warrant of the Company (Warrant),
each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share at an exercise price of $11.50 per share. The Units were sold at a price of $10.00 per unit, generating gross proceeds to the Company of $724,500,000.
Substantially concurrently with the consummation of the IPO, the Company completed the private sale (the Private Placement)
of 11,326,667 warrants (the Private Placement Warrants) at a purchase price of $1.50 per Private Placement Warrant, to the Companys sponsor, Artius Acquisition Partners LLC, generating gross proceeds to the Company of
A total of $724,500,000, comprised of $710,010,000 of the proceeds from the IPO, including approximately
$25,357,500 of the underwriters deferred discount, and $14,490,000 of the proceeds of the sale of the Private Placement Warrants, were placed in a trust account maintained by Continental Stock Transfer & Trust Company, acting as
trustee. An audited balance sheet as of July 16, 2020 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.
Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K: