---
schema_version: "secwatch.filing_event.v1"
accession: "0001826466-22-000004"
form_type: "8-K"
ticker: "GGROU"
cik: "0001489874"
company_name: "Golden Growers Cooperative"
filed_at: "2022-02-25T23:59:59+00:00"
generated_at: "2026-06-27T04:09:36.313964+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Golden Growers Cooperative consents to Cargill exercising option to buy 50% of ProGold; Cooperative buys remaining 1%

## Summary
- Cargill exercised option to purchase a 50% interest in ProGold LLC from American Crystal Sugar Company.
- Golden Growers Cooperative consented to the transfer and will buy American Crystal's remaining 1% interest, making Cargill and Cooperative each own 50% of ProGold.
- Operating Agreement sets a six-member board with three appointed by each owner; sale of ProGold requires mutual consent.
- At closing, Cargill will pay Golden Growers $1.28 million as early buyout of previously committed capital projects.
- Lease Agreement: Cargill pays ProGold annual rent of $15.5 million in 2022-2023, $16 million in 2024-2026, plus infrastructure maintenance costs.

## SEC filing metadata
- accession: 0001826466-22-000004
- form_type: 8-K
- ticker: GGROU
- cik: 0001489874
- company_name: Golden Growers Cooperative
- filed_at: 2022-02-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489874/000182646622000004/0001826466-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489874/000182646622000004/ggro-20220225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826466-22-000004
- JSON: https://secwatch.observer/filing/0001826466-22-000004.json
- Plain text: https://secwatch.observer/filing/0001826466-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.