Orgenesis Inc. Enters Material Definitive Agreement
Ticker: ORGS · Form: 8-K · Filed: Jul 8, 2024 · CIK: 1460602
| Field | Detail |
|---|---|
| Company | Orgenesis INC. (ORGS) |
| Form Type | 8-K |
| Filed Date | Jul 8, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $2,000,000, $1,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Orgenesis Inc. just signed a big deal creating a financial obligation.
AI Summary
On July 3, 2024, Orgenesis Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Nevada with its principal executive offices in Germantown, MD, is involved in the pharmaceutical preparations industry.
Why It Matters
This filing indicates Orgenesis Inc. has entered into a significant agreement that will create a financial obligation for the company, potentially impacting its financial health and future operations.
Risk Assessment
Risk Level: medium — Entering into new material definitive agreements that create financial obligations can introduce financial risks and uncertainties for a company.
Key Players & Entities
- Orgenesis Inc. (company) — Registrant
- July 3, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of Incorporation
- Germantown, MD (location) — Principal Executive Offices
- 2834 (industry_code) — Standard Industrial Classification
FAQ
What is the nature of the material definitive agreement entered into by Orgenesis Inc.?
The filing states that Orgenesis Inc. entered into a material definitive agreement on July 3, 2024, which created a direct financial obligation or an obligation under an off-balance sheet arrangement.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on July 3, 2024.
In which state is Orgenesis Inc. incorporated?
Orgenesis Inc. is incorporated in Nevada.
What is the principal business address of Orgenesis Inc.?
The principal business address of Orgenesis Inc. is 20271 Goldenrod Lane, Germantown, MD 20876.
What is Orgenesis Inc.'s Standard Industrial Classification code?
Orgenesis Inc.'s Standard Industrial Classification code is 2834, which corresponds to Pharmaceutical Preparations.
Filing Stats: 721 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-07-08 16:05:34
Key Financial Figures
- $2,000,000 — the Lender agreed to loan the Borrower $2,000,000 (the "Loan"). The Loan shall consist of
- $1,000,000 — ll consist of an initial installment of $1,000,000 on or about July 3, 2024 and a second i
Filing Documents
- form8-k.htm (8-K) — 39KB
- ex10-1.htm (EX-10.1) — 35KB
- 0001493152-24-026468.txt ( ) — 249KB
- orgs-20240703.xsd (EX-101.SCH) — 3KB
- orgs-20240703_lab.xml (EX-101.LAB) — 33KB
- orgs-20240703_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ORGENESIS INC. Date: July 8, 2024 By: /s/ Victor Miller Victor Miller Chief Financial Officer, Treasurer and Secretary