Benson Hill, Inc. has received a preliminary, non-binding offer from Argonautic Ventures Master SPC and other co-investors [the investor group] to buy all the company’s remaining shares that they don't already own for $0.2236 per share in cash.
Benson Hill recently wrapped up a feeding trial with US chicken producer, Perdue Farms, aimed at demonstrating the value of incorporating meal derived from its Ultra-High Protein, Low Oligosaccharide (UHP-LO) soybeans into broiler diets.
Benson Hill has successfully completed the divestiture of its Creston, Iowa, soy processing business to White River Soy Processing (WRSP) for gross proceeds totaling $72m.
Benson Hill reports significant strides in its push for innovation in seed development for broadacre applications catering to aquaculture, pet food, swine, and poultry markets.
Benson Hill has transferred ownership of its Seymour, Indiana crushing facility, which it had operated since 2021, to White River Soy Processing for about $36m in gross proceeds, subject to working capital and other adjustments.
US based ingredient provider, Benson Hill, has a deep understanding of where the challenges lie for the aquaculture industry, from reducing the impacts of climate change to improving climate resiliency, says an executive.
