Danimer Scientific CEO Steve Croskrey To Retire
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/13/2024 | $2.00 → $1.00 | Buy → Hold | TD Cowen |
| 5/22/2024 | $1.30 → $0.80 | Buy → Hold | Jefferies |
| 4/9/2024 | $3.50 → $1.25 | Overweight → Neutral | Piper Sandler |
| 10/12/2022 | $4.50 | Overweight | Piper Sandler |
| 9/23/2021 | $21.00 | Outperform | Cowen |
Expected to Begin Trading on a 1-for-40 Reverse Split-Adjusted Basis on November 13, 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 exp
Current Board Member and Former CEO of NatureWorks to Lead Company While Board Continues Search Process for Permanent CEO Company Provides Preliminary Third Quarter 2024 PHA Results 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 ong
Home compostable extrusion coating biopolymer used as liquid barrier for paper hot and cold drink cups. 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 b
424B3 - Danimer Scientific, Inc. (0001779020) (Filer)
8-K - Danimer Scientific, Inc. (0001779020) (Filer)
424B3 - Danimer Scientific, Inc. (0001779020) (Filer)
SC 13G/A - Danimer Scientific, Inc. (0001779020) (Subject)
SC 13G/A - Danimer Scientific, Inc. (0001779020) (Subject)
SC 13G/A - Danimer Scientific, Inc. (0001779020) (Subject)
4 - Danimer Scientific, Inc. (0001779020) (Issuer)
Jefferies analyst Laurence Alexander downgrades Danimer Scientific (NYSE:DNMR) from Buy to Hold and lowers the price target from $1.3 to $0.8.
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. In connection with his retirement announcement, Mr. Croskrey has resigned from his position as Chairman of the Board, effective May 20, 2024, though he will continue to serve on the Board through his current term and will be a nominee for reelection at this year's annual meeting of stockholders. The Board has appointed Richard J. Hendrix as Chai
TD Cowen downgraded Danimer Scientific from Buy to Hold and set a new price target of $1.00 from $2.00 previously
Jefferies downgraded Danimer Scientific from Buy to Hold and set a new price target of $0.80 from $1.30 previously
Piper Sandler downgraded Danimer Scientific from Overweight to Neutral and set a new price target of $1.25 from $3.50 previously
4 - Danimer Scientific, Inc. (0001779020) (Issuer)
4 - Danimer Scientific, Inc. (0001779020) (Issuer)
4 - Danimer Scientific, Inc. (0001779020) (Issuer)
Current Board Member and Former CEO of NatureWorks to Lead Company While Board Continues Search Process for Permanent CEO Company Provides Preliminary Third Quarter 2024 PHA Results 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 ong
--Additional Resin Orders to Support 20-Million Pound Cutlery Award -- -- Company Forecasting Annualized PHA Revenues to More Than Triple by End of Q2 2025 -- -- Pro-Rata Warrant Dividend Transaction Provides Balance Sheet Deleveraging Opportunity -- 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. Stephen E. Croskrey, Chief Executive Officer of Danimer, commented, "We completed the second quarter in line with our expectations considering the temporary impact of Starbucks' r
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. A webcast and conference call will be held that same day at 4:30 p.m. Eastern Time to review the Company's second quarter results, discuss recent events and conduct a question and-answer session. The live webcast of the conference will be accessible on the Investor Relations section of the Company's website at https://ir.danimerscientific.com. For those unable to acce
Dr. David Moody and Richard Altice to Join the Danimer Board 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. Dr. David J. Moody currently is a member of the Board of Directors of Jadex Inc., a US-based manufacturing and material science company utilizing innovation and technology to develop sustainable products that serve the me
Martin, a Duke University graduate and former Air Force officer, brings experience managing the legal affairs of publicly traded companies 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. Martin joins Danimer from Kaman Distribution Group, a leading national distributor o
Austin brings more than 30 years of human resources leadership experience with PepsiCo, Delta Air Lines, Winn-Dixie and others 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. Austin joins Danimer from Bedrock Manufacturing Co., the parent company of Shinola, a luxury watch, leather and jewelry manufacturer an