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Articles from Benson Hill, Inc.

Benson Hill Announces Listing Transfer to The Nasdaq Stock Market LLC
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, announced today that it will transfer its stock exchange listing to The Nasdaq Stock Market LLC (“Nasdaq”) from the New York Stock Exchange, effective Aug. 23, 2024, after market close.
By Benson Hill, Inc. · Via Business Wire · August 13, 2024
Benson Hill Announces Second Quarter Financial Results
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, today announced operating and financial results for the quarter ended June 30, 2024.
By Benson Hill, Inc. · Via Business Wire · August 8, 2024
Benson Hill Announces Second Quarter Earnings Release Date
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, announced today that it will release its financial results for the quarter ending June 30, 2024, on Thursday, Aug. 8, 2024.
By Benson Hill, Inc. · Via Business Wire · July 24, 2024
Benson Hill Announces one-for-thirty five (1-for-35) Reverse Stock Split
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, announced that, following stockholder approval at the Company’s annual meeting held this morning, its board of directors (the “Board”) has approved a reverse stock split of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), at a ratio of one-for-thirty five (1-for-35) (the “Reverse Stock Split”). The Company anticipates that the Reverse Stock Split will take effect at 4:01 p.m. Eastern Time/3:01 p.m. Central Time today (the “Effective Time”) and will be reflected in the market at the start of trading on the New York Stock Exchange (“NYSE”) tomorrow, Friday, July 19, 2024, on a split-adjusted basis. The Company’s shares will continue to trade on the NYSE under the symbol “BHIL” under a new CUSIP number (082490202). The Company’s publicly traded warrants will continue to be traded over-the-counter under the symbol BHILW under the same CUSIP number (082490111).
By Benson Hill, Inc. · Via Business Wire · July 18, 2024
Benson Hill Expands Innovation Pipeline with Advantaged Traits for Animal Feed, Soybean Oil, and Biofuel Segments
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, today shared further advancements in its innovation pipeline to deliver advantaged traits for end users in larger soy markets, including animal feed, soybean oil, and biofuels. These innovations, many of which are in field testing now, uniquely position Benson Hill to redefine U.S. soy for feed and fuel with new varieties that provide novel benefits across the agribusiness value chain.
By Benson Hill, Inc. · Via Business Wire · July 16, 2024
Benson Hill’s Third Annual ESG Report Spotlights Transformation and Innovation
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, today released its third annual Environmental, Social and Governance (ESG) Report. The online report includes comprehensive data and ESG milestones achieved during 2023, a year of significant progress and change for Benson Hill.
By Benson Hill, Inc. · Via Business Wire · July 9, 2024
Benson Hill Confirms Receipt of Preliminary, Non-Binding Indication of Interest from Argonautic
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, today confirmed that it has received a preliminary, non-binding indication of interest from Argonautic Ventures Master SPC (“Argonautic”), on behalf of itself and other co-investors (collectively, the “Investor Group”), to acquire all of the outstanding shares of common stock of the Company not owned by the Investor Group or their affiliates for $0.2236 per share in cash. The indication of interest states that the Investor Group and their affiliates currently own approximately 16% of the outstanding shares of common stock of the Company and that the composition of the Investor Group may change.
By Benson Hill, Inc. · Via Business Wire · June 27, 2024
Benson Hill Transitions to Licensing Model, Improves Financial Profile in First Quarter
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), an ag tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the quarter ended March 31, 2024.
By Benson Hill, Inc. · Via Business Wire · May 9, 2024
Benson Hill Names Dan Cosgrove as Chief Administrative Officer and General Counsel
Benson Hill, Inc. (NYSE: BHIL), an ag tech company unlocking the natural genetic diversity of plants, has named agriculture industry leader Dan Cosgrove as Chief Administrative Officer and General Counsel, effective May 10, 2024. He will assume responsibility for Benson Hill’s day-to-day operations related to business development, compliance, and legal matters. Chief Legal Officer Yevgeny Fundler is leaving Benson Hill to pursue other opportunities.
By Benson Hill, Inc. · Via Business Wire · May 9, 2024
Benson Hill Validates Benefits of Proprietary Soybean Meal in Animal Feed with Perdue Farms
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), an ag tech company unlocking the natural genetic diversity of plants, recently completed a feeding trial with industry leader Perdue Farms to demonstrate the value of incorporating soybean meal derived from Benson Hill’s Ultra-High Protein, Low Oligosaccharide (UHP-LO) soybeans into broiler diets.
By Benson Hill, Inc. · Via Business Wire · May 7, 2024
Benson Hill Announces First Quarter Earnings Release Date
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), an ag tech company unlocking the natural genetic diversity of plants, announced today that it will release its financial results for the quarter ending March 31, 2024, before the market opens on Thursday, May 9, 2024.
By Benson Hill, Inc. · Via Business Wire · April 24, 2024
Benson Hill Reports Solid Full-Year 2023 Financial Results, Strengthens Balance Sheet
Benson Hill, Inc. (NYSE:BHIL, the “Company” or “Benson Hill”), an ag-tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the year ended December 31, 2023.
By Benson Hill, Inc. · Via Business Wire · March 14, 2024
Benson Hill Successfully Retires Term Loan Facility, Divests Iowa Processing Operation For $72 Million
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), an ag tech company unlocking the natural genetic diversity of plants, announced today that it has successfully retired its senior debt facility and divested its Creston, Iowa, soy processing business to White River Soy Processing (WRSP) for gross proceeds of $72 million.1 These actions align with Benson Hill’s commitment to disciplined liquidity management and asset efficiency as the Company transitions to an asset-light business model backed by world-class soybean germplasm and competitively advantaged technology.
By Benson Hill, Inc. · Via Business Wire · February 14, 2024
Benson Hill Announces Chief Financial Officer Transition
Benson Hill, Inc. (NYSE: BHIL), an ag tech company unlocking the natural genetic diversity of plants, today announced that Susan Keefe has been appointed Chief Financial Officer, effective March 29, 2024. Keefe succeeds Dean Freeman, who is leaving the company to pursue other opportunities. Freeman will continue to serve in the role through March 29, 2024, to ensure a smooth transition of responsibilities.
By Benson Hill, Inc. · Via Business Wire · February 14, 2024
Benson Hill Announces Date of Fourth Quarter and Full Year Earnings Release
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), an ag tech company unlocking the natural genetic diversity of plants, announced today that it will release its financial results for the full year and fourth quarter ending Dec. 31, 2023, before the market opens on Thursday, March 14, 2024.
By Benson Hill, Inc. · Via Business Wire · February 7, 2024
Benson Hill Announces Gains in Soybean Breeding Program; Introduces Five 2024 Soybean Varieties Delivering Higher Protein and Improved Yield Potential
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), an ag tech company unlocking the natural genetic diversity of plants, announced today that recent advances in its soybean breeding program will drive the doubling of its seed portfolio by 2025. The latest field evaluations on Benson Hill’s third generation of Ultra High Protein Low Oligosaccharides, non-GMO soybean varieties showed protein gains of 2% over the previous generation and achieved a yield gap of only 3 to 5 bushels per acre, compared with commodity GMO soybeans.
By Benson Hill, Inc. · Via Business Wire · January 4, 2024
Benson Hill Announces Third Quarter 2023 Financial Results, Improves 2023 Outlook, and Pays Down Debt
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the quarter ended September 30, 2023.
By Benson Hill, Inc. · Via Business Wire · November 9, 2023
Benson Hill Transfers Ownership of its Seymour, Indiana, Crush Facility to White River Soy Processing with $36 Million Asset Purchase Agreement
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that it has transferred ownership of its Seymour, Ind., soybean crush facility to White River Soy Processing, LLC for approximately $36 million of total gross proceeds, subject to working capital and other adjustments.
By Benson Hill, Inc. · Via Business Wire · October 31, 2023
Benson Hill Announces Strategic Review Update, Third Quarter Earnings Release Dates
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today that it expects to host a call on Tuesday, Oct. 31, 2023, at 11 a.m. Eastern Time, to provide an update on its strategic review process. The Company will also release its financial results for the third quarter ending Sept. 30, 2023, before the market opens on Thursday, Nov. 9, 2023, and will host a webcast to discuss the results at 8:30 a.m. Eastern Time.
By Benson Hill, Inc. · Via Business Wire · October 12, 2023
Benson Hill Receives Continued Listing Standard Notice From NYSE
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that on Sept. 13, 2023, it received a notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) notifying the Company that it is not in compliance with the NYSE’s continued listing standards because as of Sept. 12, 2023, the average closing price of the Company’s Common Stock, was less than $1.00 per share over a consecutive 30 trading-day period. The Notice does not result in the immediate delisting of the Company’s Common Stock from the NYSE.
By Benson Hill, Inc. · Via Business Wire · September 15, 2023
Benson Hill Appoints Chief Transformation Officer to Drive Company Evolution
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today the appointment of Kimberly (Kim) Hurst as its Chief Transformation Officer. This newly created role underscores Benson Hill’s commitment to execute its long-term strategic playbook with a focus on operations, commercial and strategic initiatives.
By Benson Hill, Inc. · Via Business Wire · August 10, 2023
Benson Hill Announces Second Quarter 2023 Financial Results
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the quarter ended June 30, 2023.
By Benson Hill, Inc. · Via Business Wire · August 9, 2023
Benson Hill Announces Second Quarter Earnings Release Date
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today that it will release its financial results for the second quarter ending June 30, 2023, before the market opens on Wednesday, Aug. 9, 2023.
By Benson Hill, Inc. · Via Business Wire · July 18, 2023
Benson Hill’s Second Annual ESG Report Highlights Technology Innovation and Strategic Partnerships to Modernize Food Production
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced the release of its second annual Environmental, Social and Governance (ESG) Report. The report highlights more comprehensive data, key milestones, and partnerships since last year’s inaugural ESG Report and delivers on the company’s ongoing commitment to transparency.
By Benson Hill, Inc. · Via Business Wire · June 29, 2023
Benson Hill Appoints Richard Mack to Board of Directors
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that it has appointed Richard Mack as an Independent Director to the Company’s Board of Directors, effective immediately. Mr. Mack will serve on the Board’s Audit and Risk Committee and Compensation Committee. With his appointment, the Board will comprise nine directors, seven of whom are independent.
By Benson Hill, Inc. · Via Business Wire · June 16, 2023
Benson Hill Announces Leadership Transition
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that Adrienne “Deanie” Elsner has been appointed Interim Chief Executive Officer of the Company. Ms. Elsner succeeds Matt Crisp, who has agreed to resign as Chief Executive Officer, effective immediately. Mr. Crisp will serve as consultant to the Board for 12 months to ensure a smooth transition.
By Benson Hill, Inc. · Via Business Wire · June 16, 2023
Benson Hill Announces First Quarter 2023 Financial Results
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the quarter ended March 31, 2023.
By Benson Hill, Inc. · Via Business Wire · May 10, 2023
Benson Hill Announces First Quarter Earnings Release Date
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today that it will release its financial results for the first quarter ending March 31, 2023, before the market opens on Wednesday, May 10, 2023.
By Benson Hill, Inc. · Via Business Wire · April 12, 2023
Benson Hill’s Second Investor Day Showcases Technology Leadership and Strategic Positioning for Durable Growth in Multiple Value-Added Markets
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, hosts its 2023 Investor Day today at the Company’s headquarters. The event will showcase Benson Hill’s clear management strategy and competitive moat that uniquely positions the Company to meet the consumer-driven demands of the evolving global food system.
By Benson Hill, Inc. · Via Business Wire · March 29, 2023
Benson Hill Announces Full Year 2022 Financial Results and Expectations for Strong Proprietary Product Growth in 2023
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the year ended December 31, 2022.
By Benson Hill, Inc. · Via Business Wire · March 13, 2023
Benson Hill Announces Preliminary Unaudited 2022 Results and Initial 2023 Guidance
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced preliminary, unaudited 2022 financial results.
By Benson Hill, Inc. · Via Business Wire · February 2, 2023
Benson Hill Achieves ProTerra Sustainability Certification for its Proprietary Non-GMO Soy Portfolio
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today that it became one of the first U.S.-based ingredient providers to achieve the international ProTerra Certification, a rigorous global standard that sets the bar for sustainable agricultural practices and labor practices as well as segregated non-GMO programs and more. Benson Hill also joins the respected ProTerra Network, a group of companies dedicated to sustainable practices and continuous improvement.
By Benson Hill, Inc. · Via Business Wire · January 18, 2023
Breakthrough CRISPR Technology Study Published in Nature
A groundbreaking research study by a team that included scientists from Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), has been published this month in Nature, the world’s leading multidisciplinary journal, highlighting a new mechanism for Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) technology. The research paper, titled “Cas12a2 elicits abortive infection via RNA-triggered destruction of dsDNA,” discusses the discovery of a new enzymatic capability for CRISPR systems, opening the possibility of using CRISPR in new applications beyond gene editing – including cancer therapeutics, programmable shaping of microbial communities, and counterselection to enhance gene editing.
By Benson Hill, Inc. · Via Business Wire · January 13, 2023
Benson Hill Announces Divestiture of Its Fresh Business
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that it entered into agreements to sell the assets and equity related to its Fresh business in a two-part transaction for an aggregate purchase price of $21 million, approximately $18 million of which was realized in gross cash proceeds in 2022, with the balance of the transaction expected to close in the second quarter of 2023.
By Benson Hill, Inc. · Via Business Wire · January 3, 2023
Benson Hill Announces Third Quarter 2022 Financial Results and Raises 2022 Guidance
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the quarter ended Sept. 30, 2022.
By Benson Hill, Inc. · Via Business Wire · November 10, 2022
Benson Hill Management to Participate in Upcoming Investor Events
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that Matt Crisp, Chief Executive Officer, and Dean Freeman, Chief Financial Officer, will attend two upcoming investor conferences.
By Benson Hill, Inc. · Via Business Wire · November 1, 2022
Benson Hill Announces Third Quarter Earnings Release Date
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today that it will release its financial results for the third quarter for the period ending Sept. 30, 2022, before the market opens on Thursday, Nov. 10, 2022.
By Benson Hill, Inc. · Via Business Wire · October 4, 2022
Benson Hill Announces Second Quarter 2022 Financial Results
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the quarter ended June 30, 2022.
By Benson Hill, Inc. · Via Business Wire · August 8, 2022
ADM and Benson Hill Partner to Scale Innovative Ultra-High Protein Soy for North American Food Ingredient Markets
ADM (NYSE: ADM), a global leader in alternative protein and nutrition products and solutions, and Benson Hill, Inc. (NYSE: BHIL), a food tech company unlocking the natural genetic diversity of plants, today announced a long-term strategic partnership to scale innovative soy ingredients that will help meet the rapidly growing demand for plant-based proteins. The partnership will serve a variety of plant-based food and beverage markets to meet savory, sweet and dairy customer needs.
By Benson Hill, Inc. · Via Business Wire · August 8, 2022
Benson Hill Opens Say Technologies Q&A Forum Today for Retail Investors
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine, today announced the start of a seven-day Q&A forum for registered retail and other investors of Benson Hill. Questions can be submitted beginning today until Aug. 3, 2022.
By Benson Hill, Inc. · Via Business Wire · July 28, 2022
Two St. Louis-based Food Innovators Partner to Introduce Heart-Healthy Cooking Oil Into Foodservice Applications, Forming More Sustainable Seed-to-shopper Supply Chain
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, has signed a supplier agreement with Schnuck Markets, Inc. to roll out Veri™ brand cooking oil for use in prepared foods in the grocery chain’s more than 100 stores across Missouri, Illinois, Indiana, and Wisconsin. As part of the grocery retailer’s initiative to find more local, more sustainable suppliers, Schnucks will use Benson Hill’s Midwest-grown soybean oil across a variety of foodservice applications.
By Benson Hill, Inc. · Via Business Wire · July 27, 2022
Benson Hill’s Inaugural ESG Report Links Food Science, Data Science and Plant Science To Drive Modernization of the Food System
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced the release of its inaugural Environmental, Social and Governance (ESG) Report. Grounded in the United Nations Sustainable Development Goals and the general principles of the Sustainability Accounting Standards Board, the report is a significant milestone in the company’s commitment to governance, oversight, and transparency.
By Benson Hill, Inc. · Via Business Wire · July 21, 2022
Benson Hill Leadership to Attend Upcoming Investor Conferences
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that Chief Executive Officer Matt Crisp and Chief Financial Officer Dean P. Freeman will participate in five upcoming investor conferences.
By Benson Hill, Inc. · Via Business Wire · July 19, 2022
Benson Hill Revises Second Quarter Earnings Release Call Time
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today a revised time for its second quarter earnings call and webcast to 8 a.m. Eastern Time from 8:30 a.m. Eastern Time on Monday, Aug. 8, 2022. The Company plans to release its financial results for the second quarter for the period ending June 30, 2022, before the market opens. The webcast will be accessible via a link on Benson Hill’s investor relations website at https://investors.bensonhill.com.
By Benson Hill, Inc. · Via Business Wire · June 30, 2022