Benson Hill Completes Business Combination with Star Peak Corp II
The transaction provides approximately $319 million in gross proceeds to the company
Benson Hill, Inc., a food technology company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine, announced the completion of its previously announced business combination with Star Peak Corp II. Concurrent with the closing, Star Peak changed its name to "Benson Hill, Inc." Benson Hill's common stock and warrants are expected to commence trading on the New York Stock Exchange under the ticker symbols "BHIL" and "BHIL.WS," respectively, on Sept. 30, 2021.
The business combination was unanimously approved by Star Peak's board of directors and approved by Star Peak stockholders at a Special Meeting on Sept.28, 2021.