secwatch.observer — SEC 8-K summary
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Issuer:     Benson Hill, Inc. (—)
CIK:        0001830210
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001830210-25-000009
Event type: m_and_a
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 1.02, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Benson Hill sells pea products business for ~$23.2M, furloughs 43 employees
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- Sold pea products business for ~$23.2M gross proceeds; $2.4M cash at closing, $2.5M holdback.
- $18.4M used to repay debt to First National Bank of Omaha; related credit agreement terminated.
- 43 employees (36% of workforce) placed on furlough as part of cost-reduction efforts.
- No material charges expected from furloughs; duration and extent of furlough period uncertain.
- Principal executive offices relocated to 1200 Research Boulevard, St. Louis, MO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830210/000183021025000009/0001830210-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830210/000183021025000009/bhil-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001830210-25-000009

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