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BRIEF-Benson Hill To Go Public Through Merger With SPAC Star Peak Corp II

05/10/2021 08:04
BRIEF-Benson Hill To Go Public Through Merger With SPAC Star Peak Corp II

- Star Peak Corp II STPC.N:

  • PRESS RELEASE - BENSON HILL – SUSTAINABLE FOOD TECHNOLOGY COMPANY DRIVING THE PLANT-BASED FOOD REVOLUTION – TO COMBINE WITH STAR PEAK CORP II

  • BENSON HILL - TRANSACTION TO PROVIDE UP TO $625 MILLION IN GROSS PROCEEDS

  • BENSON HILL - TRANSACTION INCLUDES UPSIZED $225 MILLION COMMON STOCK PIPE AT $10.00 PER SHARE

  • BENSON HILL - COMBINED COMPANY WILL HAVE AN ESTIMATED ENTERPRISE VALUE OF ABOUT $1.35 BILLION

  • BENSON HILL - COMBINED COMPANY WILL BE LISTED ON NYSE UNDER NEW TICKER SYMBOL "BHIL."

  • BENSON HILL - PIPE INCLUDES INVESTMENTS FROM FUNDS AND ACCOUNTS MANAGED BY BLACKROCK, VAN ECK ASSOCIATES CORPORATION, HEDOSOPHIA

Source text for Eikon: ID:nBw8BlfBZa

Further company coverage: STPC.N


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