S&W Seed Company Announces $7 Million Sorghum Business Asset Sale Agreement with Third-Party Buyer

Reuters
2025.08.05 20:51
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S&W Seed Company has entered into a $7 million agreement to sell its sorghum business assets to a third-party buyer. This sale is part of the company's financial restructuring and follows a Notice of Private Disposition of Collateral from ABL OPCO LLC. The transaction includes a cash payment and deferred payments based on accounts receivable collections, pending customary closing conditions.

S&W Seed Company has announced a significant development regarding its financial restructuring efforts. The company has entered into an agreement with a third-party buyer for the sale of its sorghum business assets. This transaction follows a Notice of Private Disposition of Collateral from ABL OPCO LLC (Mountain Ridge) under the Uniform Commercial Code. The buyer has agreed to purchase all collateral related to S&W Seed’s sorghum business, in which Mountain Ridge holds a security interest, for a cash payment of approximately $7 million, along with deferred payments tied to certain accounts receivable collections. The sale remains contingent on customary closing conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. S&W Seed Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-022275), on August 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here