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  "documentTitle": "Danimer Scientific (DNMR)",
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  "notes": "This is a page from a short-seller research report. It uses a bulleted list to summarize key points of contention.",
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      "text": "We conclude that DNMR has significantly misrepresented the state of its customer relationships, product development, readiness to scale, and TAM for PHAs.",
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      "text": "capacity utilization: 28%",
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      "text": "Muddy Waters is short DNMR. We conclude that DNMR has significantly misrepresented the state of its customer relationships, product development, readiness to scale, and TAM for PHAs.",
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      "text": "“sitting on over $200 million of take or pay offtake agreements, and we had customers like PepsiCo, Nestlé, Bacardi, you know, expecting us to be able to grow our capacity, so we had to find a way to find a lot of cash fast.” — Stephen Croskrey, CEO (via CNBC)",
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      "text": "2 DNMR, 1Q21 earnings call, May 17, 2021",
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