ST. LOUIS, Sept. 9, 2021 /PRNewswire/ -- Benson Hill,
Inc. ("Benson Hill," or the "Company"), a food technology company
unlocking the natural genetic diversity of plants with its cutting
edge food innovation engine, today announced it will host a webcast
and Q&A for retail investors interested in learning more about
the Company ahead of its expected listing on the New York Stock
Exchange later this month. The Company expects to complete a merger
with Star Peak Corp II ("Star
Peak"), a publicly traded special purpose acquisition
company (NYSE: STPC) in the sustainability space. The Company
expects the transaction to close by the end of September, subject
to approval of Star Peak
stockholders at a special meeting scheduled for September 28, 2021 and the satisfaction or waiver
(as applicable) of all other closing conditions.
As a public company, Benson Hill is committed to transparency
with investors, regardless of their size and economic stake. To
help facilitate these connections and enhance engagement, Benson
Hill is partnering with Say Technologies, ("Say") a Robinhood
Markets company, that has built an innovative communication
platform to make it easier for investors to exercise their
ownership rights. Benson Hill will utilize Say Connect to solicit
questions from investors ahead of a special retail-focused webcast
on September 17, 2021 at 11:00 a.m. ET. The Company will also utilize the
Say Connect platform in connection with quarterly earnings calls
following the completion of its transaction with Star Peak.
Starting today, retail investors who are current holders of
Star Peak stock, can submit and
upvote questions to management. To submit questions, please
visit the Say Connect platform
at: https://app.saytechnologies.com/bensonhill-2021-september.
Shareholders with brokers at Say Technologies can participate
directly through their individual investing app or broker website.
Retail investors who are not current holders of Star Peak stock can submit questions to
investors@bensonhill.com. Questions can be submitted through
September 13, 2021.
"Benson Hill is a company with a bold mission to change how we
think about and produce food, and we're extending that approach to
how we show up as a public company," said Matt Crisp, Chief Executive Officer of
Benson Hill. "Consumers are driving revolutionary changes in our
food system, which is also helping power our business. As
investors, they deserve to have the same access as the largest
financial institutions. By partnering with Say ahead of our
expected listing, we wish to engage with our retail stakeholders
and operate in a different way from traditional public
companies."
"We're excited that Benson Hill has partnered with Say to more
meaningfully connect with its investors ahead of its listing as a
public company," said Zach Hascoe,
co-founder of Say Technologies. "Benson Hill is joining a growing
number of public companies giving their shareholders the tools they
need to make their voices heard by leveraging Say Connect."
The Company will respond to questions from retail investors on a
webcast scheduled for September 17,
2021 at 11:00 am ET. A link to
the webcast can be found at
https://bensonhill.zoom.us/j/99439020066 and on the Benson Hill
investor website at https://bensonhill.com/investors/.
About Benson Hill
Benson Hill moves food forward with the
CropOS® platform, a cutting-edge food innovation engine
that combines data science and machine learning with biology and
genetics. Benson Hill empowers innovators to unlock nature's
genetic diversity from plant to plate, with the purpose of creating
healthier, great-tasting food and ingredient options that are both
widely accessible and sustainable. More information can be found
at bensonhill.com or on Twitter
at @bensonhillinc.
On May 10, 2021, Benson Hill
announced a definitive business combination agreement with Star
Peak Corp II (NYSE: STPC). Upon the closing of the business
combination, Benson Hill will become publicly traded on the New
York Stock Exchange under the new ticker symbol "BHIL". Additional
information about the transaction can be viewed at:
https://bensonhill.com/investors/ or
https://stpc.starpeakcorp.com/.
A Special Meeting to approve the pending business combination
between Star Peak and Benson Hill,
among other items, has been scheduled for September 28, 2021 at 11
a.m. ET. All stockholders as of August 9, 2021 are encouraged to vote their
shares by September 27, 2021 at
11:59 p.m. ET. More information on
how to vote can be found at:
https://stpc.starpeakcorp.com/How-to-Vote/.
Additional Information
This communication is being made in respect of a proposed merger
transaction (the "proposed transactions") involving Star Peak and Benson Hill. The proposed
transactions will be submitted to stockholders of Star Peak for their consideration and approval
at a special meeting of stockholders. In connection with the
proposed transactions, Star Peak has
filed a Registration Statement on Form S-4 (the "Registration
Statement") with the Securities and Exchange Commission ("SEC") and
a definitive proxy statement / prospectus to be distributed to
Star Peak stockholders in connection
with Star Peak's solicitation for
proxies for the vote by Star Peak's
stockholders in connection with the proposed transactions and other
matters as described in such Registration Statement, as well as the
prospectus relating to the offer of the securities. Star Peak is mailing a definitive proxy
statement / prospectus and other relevant documents to its
stockholders as of the record date established for voting on the
proposed transactions. Investors and security holders of
Star Peak are advised to read the
definitive proxy statement / prospectus in connection with
Star Peak's solicitation of proxies
for its special meeting of stockholders to be held to approve the
proposed transaction because the proxy statement / prospectus
contains important information about the proposed transaction and
the parties to the proposed transaction. Stockholders may also
obtain copies of the definitive proxy statement / prospectus,
without charge at the SEC's website at www.sec.gov or by directing
a request to: Star Peak Corp II, 1603 Orrington Ave., 13th Floor
Evanston, IL 60201.
No Offer or Solicitation
This communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities, or a solicitation
of any vote or approval, nor shall there be any sale of securities
in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended.
Participants in the Solicitation
Star Peak and Benson Hill and
their respective directors, executive officers, other members of
management, and employees, under SEC rules, may be deemed to be
participants in the solicitation of proxies of Star Peak's stockholders in connection with the
proposed transaction. Information regarding the persons who may,
under SEC rules, be deemed participants in the solicitation of
proxies in connection with the proposed transaction, including a
description of their direct or indirect interests, by security
holdings or otherwise, is set forth in the Registration Statement
that has been filed with the SEC by Star
Peak, which includes the proxy statement / prospectus for
the proposed transaction. Information regarding the directors and
executive officers of Star Peak is
contained in Star Peak's filings
with the SEC, and such information is also in the Registration
Statement that has been filed with the SEC by Star Peak, which includes the proxy statement /
prospectus for the proposed transaction.
Forward-Looking Statements
Certain statements in this press release may be considered
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements generally
relate to future events or Star
Peak's or Benson Hill's future financial or operating
performance. These forward-looking statements include, but are not
limited to, statements regarding estimates and forecasts of other
financial and performance metrics and projections of market
opportunity. In some cases, you can identify forward-looking
statements by terminology such as "may," "should," "expect,"
"intend," "will," "estimate," "anticipate," "believe," "predict,"
or the negatives of these terms or variations of them or similar
terminology. Such forward-looking statements are subject to risks,
uncertainties, and other factors which could cause actual results
to differ materially from those expressed or implied by such
forward-looking statements. These forward-looking statements are
based upon estimates and assumptions that, while considered
reasonable by Star Peak and its
management, and Benson Hill and its management, as the case may be,
are inherently uncertain factors that may cause actual results to
differ materially from current expectations include, but are not
limited to: 1) the occurrence of any event, change or other
circumstances that could give rise to the termination of the
definitive merger agreement with respect to the business
combination; 2) the outcome of any legal proceedings that may be
instituted against Star Peak, the
combined company or others following the announcement of the
business combination and any definitive agreements with respect
thereto; 3) the inability to complete the business combination due
to the failure to obtain approval of the stockholders of
Star Peak, to obtain financing to
complete the business combination or to satisfy other conditions to
closing; 4) changes to the proposed structure of the business
combination that may be required or appropriate as a result of
applicable laws or regulations or as a condition to obtaining
regulatory approval of the business combination; 5) the ability to
meet the NYSE's listing standards following the consummation of the
business combination; 6) the risk that the business combination
disrupts current plans and operations of Benson Hill as a result of
the announcement and consummation of the business combination; 7)
the ability to recognize the anticipated benefits of the business
combination, which may be affected by, among other things,
competition, the ability of the combined company to grow and manage
growth profitably, maintain relationships with customers and
suppliers and retain its management and key employees; 8) costs
related to the business combination; 9) changes in applicable laws
or regulations; 10) the possibility that Benson Hill or the
combined company may be adversely affected by other economic,
business and/or competitive factors; 11) Benson Hill's estimates of
its financial performance; 12) the impact of the COVID-19 pandemic
and its effect on business and financial conditions; and 13) other
risks and uncertainties set forth in the sections entitled "Risk
Factors" and "Cautionary Note Regarding Forward-Looking Statements"
in Star Peak's Annual Report on Form
10-K for the year ended December 31,
2020, filed with the SEC on March 31,
2021, in the proxy statement / prospectus relating to the
proposed business combination (when available), and other documents
filed or to be filed with the SEC by Star
Peak. Nothing in this press release should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward looking statements will be achieved. There
may be additional risks that Star
Peak and Benson Hill presently do not know or that
Star Peak and Benson Hill currently
believe are immaterial that could also cause actual results to
differ from those contained in the forward-looking statements. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. Neither Star Peak nor Benson Hill undertakes any duty to
update these forward-looking statements, except as otherwise
required by law.
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SOURCE Benson Hill
