Artius Acquisition Inc. (NasdaqCM:AACQ) announced that it has entered into backstop agreement for a private placement of 3,000,000 class A common shares of par value, $0.0001 at an issue price of $10 per share for gross proceeds of up to $30,000,000 on June 14, 2021. The transaction will include participation from certain funds managed by affiliates of new investor, Apollo Capital Management, L.P. The investor is entitled to payment of a premium in an amount equal to 3% of the purchase price.