secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH DAKOTA SOYBEAN PROCESSORS LLC (SDSYA)
CIK:        0001163609
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001163609-23-000034
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

South Dakota Soybean Processors guarantees $111.35M for new oilseed plant with 35M bushel capacity
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- Company guaranteed obligations of subsidiary High Plains Partners for investment in High Plains Processing oilseed plant near Mitchell, SD.
- Facility expected to process approximately 35 million bushels of soybeans and other oilseeds annually.
- Company committed to contribute at least $111.35M; $24.06M contributed as of Sept 7, 2023, balance during construction.
- High Plains Partners total commitment to the project is at least $192M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163609/000116360923000034/0001163609-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163609/000116360923000034/sdsp-20230907.htm
  HTML page:      https://secwatch.observer/filing/0001163609-23-000034

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