Benson Hill retains Lazard Freres to help explore strategic alternatives

Deanie Elsner, Interim CEO of Benson Hill, said, “We are taking steps from a position of strength to ensure that we create the most value for shareholders and best orient our business to capture the opportunities ahead. Specifically, we are reducing additional costs across the organization, and the Board has retained Lazard Freres & Co. LLC to help the company explore strategic alternatives. The company is also exploring joint venture opportunities, partnerships with strategic and financial investors, asset sales, and licensing opportunities. We are meeting the latest challenges head on and continue to be adaptable in our approach to increasing shareholder value.”