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Benson Hill ( (BHIL) ) has issued an announcement.
Benson Hill, Inc. is actively exploring strategic alternatives, including a potential acquisition by Argonautic Ventures Master SPC and their co-investors. The investor group has proposed purchasing Benson Hill’s shares, offering a premium over the current stock price post a reverse stock split. A special committee is working with financial and legal advisors to assess this non-binding offer and other options. While the company remains open to discussions and due diligence, there’s no guarantee that any transaction will be finalized, and any definitive agreement may differ significantly from current terms.
See more insights into BHIL stock on TipRanks’ Stock Analysis page.