Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Benson Hill ( (BHIL) ) has provided an announcement.
On February 12, 2025, Benson Hill Holdings, Inc. completed an asset purchase agreement through its subsidiary, Dakota Dry Bean Inc., for the sale of its pea products business to Dakota Dry Bean, LLC for approximately $23.2 million. The transaction, which aims to support Benson Hill’s transition to an asset-light business model, included paying off Seller’s indebtedness to the First National Bank of Omaha, and marks a strategic shift with potential implications for the company’s liquidity and market operations.
More about Benson Hill
Benson Hill, Inc. operates in the agricultural industry focusing on seed innovations and developing an asset-light business model. The company’s primary products involve agricultural seeds, and it aims to enhance its market position through strategic partnerships and licensing relationships.
YTD Price Performance: -48.73%
Average Trading Volume: 316,883
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.4M
Find detailed analytics on BHIL stock on TipRanks’ Stock Analysis page.
