UNAUDITED PRO FORMA FINANCIAL INFORMATIONPro Forma Financial Information • February 14th, 2024 • Benson Hill, Inc. • Food and kindred products
On February 13, 2024, DDB Holdings, Inc. (the “DDB”), an indirect wholly-owned subsidiary of Benson Hill, Inc. (the “Company”) (and for limited purposes only, Benson Hill Holdings, Inc., a direct wholly-owned subsidiary of the Company), entered into a Membership Interest Purchase Agreement (the “MIPA”) with White River Creston, LLC (the “Purchaser”). Pursuant to the MIPA, on February 13, 2024, DDB sold all of its interests in its wholly-owned subsidiary, Benson Hill Ingredients, LLC (“BHI”), which owns and operates a soybean processing facility in Creston, Iowa, to the Purchaser for approximately $52,500,000, plus a working capital adjustment estimated to be approximately $19,500,000, subject to certain adjustments and holdbacks as set forth in the MIPA (the “Creston Sale”).
MEMBERSHIP INTEREST PURCHASE AGREEMENT BY AND AMONG DDB HOLDINGS, INC., BENSON HILL HOLDINGS, INC. AND WHITE RIVER CRESTON, LLC DATED AS OF FEBRUARY 13, 2024Membership Interest Purchase Agreement • February 14th, 2024 • Benson Hill, Inc. • Food and kindred products • Iowa
RELEASE AGREEMENTRelease Agreement • February 14th, 2024 • Benson Hill, Inc. • Food and kindred products • Missouri
This Release Agreement (“Agreement”) is made by and between Dean Freeman (“EMPLOYEE”) and Benson Hill Holdings, Inc. (“EMPLOYER”). The terms of this Agreement are as follows:
Executive Employment AgreementExecutive Employment Agreement • February 14th, 2024 • Benson Hill, Inc. • Food and kindred products • Delaware
This Executive Employment Agreement (the “Agreement”) is entered into as of February 13, 2024 and effective as of March 29, 2024, by and between SUSAN KEEFE (“Executive”) and BENSON HILL, INC., a Delaware corporation (the “Company”).
SEPARATION AGREEMENTSeparation Agreement • February 14th, 2024 • Benson Hill, Inc. • Food and kindred products • Missouri
This Separation Agreement (“Agreement”) is made by and between Dean Freeman (“EMPLOYEE”) and Benson Hill Holdings, Inc. (“EMPLOYER”). The terms of this Agreement are as follows:
