secwatch.observer — SEC 8-K summary
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Issuer:     Benson Hill, Inc. (—)
CIK:        0001830210
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001830210-23-000113
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830210/000183021023000113/0001830210-23-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830210/000183021023000113/bhil-20230630.htm
  HTML page:      https://secwatch.observer/filing/0001830210-23-000113

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer