Evanston, IL and St. Louis, MO, USA
September 29, 2021
Star Peak Corp II (NYSE: STPC) (“Star Peak”), a publicly traded special purpose acquisition company in the sustainability space, today announced its stockholders have voted to approve the business combination with Benson Hill, Inc. (“Benson Hill”), a food technology company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine, as well as other proposals presented at Star Peak’s special meeting of stockholders held on September 28, 2021.
Approximately 98.7% of the votes cast at the meeting approved the business combination proposal, which represented approximately 77.0% of Star Peak’s outstanding shares as of the August 9, 2021 record date.
The business combination is expected to close on September 29, 2021, subject to the satisfaction or waiver of customary closing conditions. Following the closing, the combined company will operate as Benson Hill, Inc. and its common stock and warrants are expected to trade on the New York Stock Exchange under the ticker symbols “BHIL” and “BHIL.WS”, respectively, commencing on September 30, 2021.
About Star Peak Corp II
Led by an experienced management team that has a long history of partnering with high-quality companies across the sustainability, energy infrastructure, renewables and technology landscape – and sponsored by Star Peak Sponsor II LLC, a group comprised of Michael C. Morgan and members of Magnetar Capital, Star Peak Corp II is a special purpose acquisition company created to identify and merge with a market-leading business well-positioned to capitalize on trends in sustainability and emissions reduction. For more information about Star Peak Corp II, visit stpc.starpeakcorp.com.
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.
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