---
schema_version: "secwatch.filing_event.v1"
accession: "0001830210-23-000113"
form_type: "8-K"
ticker: null
cik: "0001830210"
company_name: "Benson Hill, Inc."
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:19:05.690221+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Benson Hill closes sale of J&J Produce and Vero Beach facility for $21M

## Summary
- Closed sale of J&J Produce equity to Sweet Sixty for $3M cash; subject to adjustment for lost fixed assets.
- Also sold real property (Vero Beach facility) for $18M; part of property leased back to seller.
- $900,000 escrowed for indemnification; $450K released after 1 year, remainder after 2 years.
- Transaction originally disclosed in January 2023; closing completed June 30, 2023.

## SEC filing metadata
- accession: 0001830210-23-000113
- form_type: 8-K
- cik: 0001830210
- company_name: Benson Hill, Inc.
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830210/000183021023000113/0001830210-23-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830210/000183021023000113/bhil-20230630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001830210-23-000113
- JSON: https://secwatch.observer/filing/0001830210-23-000113.json
- Plain text: https://secwatch.observer/filing/0001830210-23-000113.txt

## Key facts
- M&A Transactions
  Benson Hill, Inc. completed a disposition involving Sweet Sixty, LLC for aggregate cash consideration of $3 million, subject to adjustment for the value of certain fixed assets that have been sold, stolen, or destroyed, as set forth (closed 2023-06-30).
  - Action: disposition
  - Counterparty: Sweet Sixty, LLC
  - Consideration: aggregate cash consideration of $3 million, subject to adjustment for the value of certain fixed assets that have been sold, stolen, or destroyed, as set forth
  - Closing: 2023-06-30
  source text: equity securities of J&J Produce, Inc. (“ J&J ”), and all of the outstanding equity securities of J&J’s subsidiaries, to the Buyer for aggregate cash consideration of $3 million, subject to adjustment for the value of certain fixed assets that have been sold, stolen, or destroyed, as set forth in the Stock Purchase Agreement (the “ Stock Sale ”). As
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830210/000183021023000113/0001830210-23-000113-index.htm

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