Benson Hill ( (BHIL) ) has released a notification of late filing.
Benson Hill, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The primary reason for the delay is the company’s ongoing liquidity challenges, which have been exacerbated by efforts to reduce operating expenses and shift to an asset-light business model. These financial constraints have led the company to consider options such as bankruptcy protection or liquidation. Benson Hill anticipates filing the delayed report within fifteen calendar days following the prescribed due date. The company expects significant changes in its financial results compared to the previous year, largely due to asset divestitures and debt retirement. Forward-looking statements in the report highlight potential risks and uncertainties. The notification was signed by Susan Keefe, the Chief Financial Officer, indicating continued efforts towards compliance.
More about Benson Hill
YTD Price Performance: -65.51%
Average Trading Volume: 351,969
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.76M
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