Benson Hill Announces Listing Transfer to The Nasdaq Stock Market LLC
Benson Hill, a seed innovation company, has announced its decision to transfer its stock exchange listing from the New York Stock Exchange to The Nasdaq Stock Market . The transition is set to take effect on Aug. 23, 2024, after market close, with trading on Nasdaq commencing on Aug. 26, 2024. The company will retain its current ticker symbol 'BHIL'.
CEO Deanie Elsner stated that this move is expected to result in cost savings for the company and ensure the continued listing of their common stock on a national securities exchange. This strategic decision aims to optimize Benson Hill's market presence and financial efficiency.
Benson Hill, un azienda di innovazione sementiera, ha annunciato la sua decisione di trasferire la sua quotazione in borsa dalla Borsa di New York a The Nasdaq Stock Market. La transizione avrà effetto a partire da 23 agosto 2024, dopo la chiusura del mercato, con l'inizio delle contrattazioni su Nasdaq il 26 agosto 2024. L'azienda manterrà il suo attuale simbolo di borsa 'BHIL'.
Il CEO Deanie Elsner ha dichiarato che questo spostamento dovrebbe portare a risparmi sui costi per l'azienda e garantire il continuo inserimento delle loro azioni ordinarie su un mercato nazionale di valori mobiliari. Questa decisione strategica mira a ottimizzare la presenza di Benson Hill nel mercato e l'efficienza finanziaria.
Benson Hill, una empresa de innovación en semillas, ha anunciado su decisión de trasferir su cotización en bolsa de la Bolsa de Nueva York a The Nasdaq Stock Market. La transición se realizará el 23 de agosto de 2024, después del cierre del mercado, con las operaciones en Nasdaq comenzando el 26 de agosto de 2024. La empresa mantendrá su símbolo de cotización actual 'BHIL'.
La CEO Deanie Elsner declaró que este movimiento se espera que genere ahorros de costos para la empresa y asegure la continuidad de la cotización de sus acciones comunes en un intercambio de valores nacionales. Esta decisión estratégica busca optimizar la presencia de Benson Hill en el mercado y la eficiencia financiera.
벤슨 힐은 종자 혁신 회사로서 뉴욕 증권 거래소에서 나스닥 증권 시장으로 상장 이전을 결정했다고 발표했습니다. 전환은 2024년 8월 23일 시장 종료 후에 효력이 발생하며, 나스닥에서의 거래는 2024년 8월 26일에 시작됩니다. 회사는 현재의 주식 기호 'BHIL'을 유지합니다.
CEO 디니 엘스너는 이 결정이 회사에 비용 절감을 가져오고 국가 증권 거래소에서의 보통주 상장 지속을 보장할 것으로 예상한다고 밝혔습니다. 이 전략적 결정은 벤슨 힐의 시장 존재감과 재무 효율성을 최적화하기 위한 것입니다.
Benson Hill, une entreprise d'innovation en semences, a annoncé sa décision de transférer son inscription en bourse de la Bourse de New York vers The Nasdaq Stock Market. La transition prendra effet le 23 août 2024, après la clôture du marché, avec le début des échanges sur le Nasdaq le 26 août 2024. L'entreprise conservera son symbole boursier actuel 'BHIL'.
La PDG Deanie Elsner a déclaré que ce changement devrait entraîner des économies de coûts pour l'entreprise et garantir le maintien de la cotation de ses actions ordinaires sur une bourse nationale. Cette décision stratégique vise à optimiser la présence sur le marché et l'efficacité financière de Benson Hill.
Benson Hill, ein Seed-Innovationsunternehmen, hat bekannt gegeben, dass es beschlossen hat, seine Börsennotierung von der New Yorker Börse an die Nasdaq-Börse zu verlegen. Der Übergang soll am 23. August 2024, nach Börsenschluss, in Kraft treten, wobei der Handel an der Nasdaq am 26. August 2024 beginnen wird. Das Unternehmen wird sein derzeitiges Kürzel 'BHIL' beibehalten.
Die CEO Deanie Elsner erklärte, dass dieser Schritt voraussichtlich Kosteneinsparungen für das Unternehmen zur Folge haben und die fortlaufende Notierung ihrer Stammaktien an einer nationalen Wertpapierbörse sicherstellen wird. Diese strategische Entscheidung zielt darauf ab, die Marktpräsenz von Benson Hill und die finanzielle Effizienz zu optimieren.
- Cost savings expected from the transfer to Nasdaq
- Continued listing on a national securities exchange
- None.
The Company expects to begin trading as a Nasdaq-listed company on Aug. 26, 2024, and its common stock will continue to trade under the symbol “BHIL.”
“The transfer to Nasdaq will permit the Company to realize cost savings and facilitate the continued listing of our Common Stock on a national securities exchange,” said Deanie Elsner, Chief Executive Officer of Benson Hill.
About Benson Hill
Benson Hill is a seed innovation company that unlocks nature’s genetic diversity in soy quality traits through a combination of its proprietary genetics, its AI-driven CropOS® technology platform, and its Crop Accelerator. Benson Hill collaborates with strategic partners to create value throughout the agribusiness supply chain to meet the demand for better feed, food, and fuel. For more information, visit bensonhill.com or on X, formerly known as Twitter, at @bensonhillinc.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance and may be identified by words such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” or similar words. Forward-looking statements include statements relating to management’s expectations, hopes, beliefs, intentions or strategies regarding the future. Forward-looking statements are based upon assumptions made by the Company as of the date hereof and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this press release include, among other things, statements regarding: the Company’s expected stock exchange transfer and the anticipated timing thereof. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the risk that the Company may fail to comply with applicable stock exchange listing requirements; risks relating to the proper and timely execution of the stock exchange transfer by the Company and third parties; and other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our Annual Report on Form 10-K for the year ended December 31, 2023, which is available on the SEC’s website at www.sec.gov. There may be additional risks about which the Company is presently unaware or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company expressly disclaims any duty to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240813713646/en/
Investors: Tana Murphy: (314) 579-3184 / investors@bensonhill.com
Media: Christi Dixon: (636) 359-0797 / cdixon@bensonhill.com
Source: Benson Hill, Inc.
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