Benson Hill (BHIL) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
1 Dec, 2025Executive summary
The 2024 annual meeting will be held virtually on July 18, 2024, with voting available online for shareholders of record as of June 11, 2024.
Key proposals include director elections, auditor ratification, a reverse stock split, officer exculpation, and potential adjournment to solicit more proxies.
The Board recommends voting in favor of all proposals and outlines procedures for proxy voting, quorum, and participation.
Voting matters and shareholder proposals
Proposal 1: Elect eight directors for a one-year term.
Proposal 2: Ratify Ernst & Young LLP as independent auditor for 2024.
Proposal 3: Approve a reverse stock split at a ratio of 1-for-10 to 1-for-50, at the Board's discretion.
Proposal 4: Amend the Certificate of Incorporation to provide for officer exculpation as permitted by Delaware law.
Proposal 5: Approve adjournment of the meeting if needed to solicit additional proxies.
Board of directors and corporate governance
The Board consists of eight nominees, with a majority being independent under NYSE and SEC standards.
Committees include Audit and Risk, Compensation, and Sustainability and Governance, each with defined charters and independent members.
The Board emphasizes diversity, with four female and five male directors, and a range of backgrounds and expertise.
Corporate governance policies include insider trading, anti-hedging, anti-pledging, clawback, and a code of conduct.
Latest events from Benson Hill
- Key 2024 proposals include a reverse stock split, director elections, and officer exculpation.BHIL
Proxy Filing1 Dec 2025 - Annual meeting to vote on Reverse Stock Split, board elections, and governance changes.BHIL
Proxy Filing1 Dec 2025 - Virtual annual meeting set for July 18, 2024, with electronic voting for eligible shareholders.BHIL
Proxy Filing1 Dec 2025 - Reverse stock split approved, correcting authorized shares to 440,000,000 and cash for fractions.BHIL
Proxy Filing1 Dec 2025 - Q3 2024 revenue up 45%, but liquidity and going concern risks persist.BHIL
Q3 202413 Jun 2025 - Q2 revenue up 44% and net loss narrows, but liquidity may not last beyond 2024.BHIL
Q2 202413 Jun 2025