Benson Hill files motion to convert Chapter 11 to Chapter 7; expects shares worthless

Benson Hill, Inc.

Filed motion on Sept 2, 2025 to convert Chapter 11 cases to Chapter 7; hearing set for Sept 23, 2025.
Conversion expected effective Sept 30, 2025; a Chapter 7 trustee would liquidate remaining assets.
Company believes stockholders will receive no distribution; shares deemed worthless.
CEO Daniel Cosgrove to remain until Chapter 7 trustee appointed; his contract then terminates.
Company states it will not file further SEC reports unless deemed appropriate by the Chapter 7 trustee.

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