SCHEDULE 13G: Mercury Funds and Affiliates Disclose Passive Stake in Benson Hill, Inc.

Multiple Mercury Fund entities and associated individuals have disclosed their beneficial ownership in Benson Hill, Inc., collectively holding up to 6.3% of the common stock as passive investors.

Summary

• Mercury Fund Ventures III, L.P. beneficially owns 185,862 shares, representing 3.0% of Benson Hill, Inc.'s common stock.
• Mercury Fund Affiliates III, L.P. beneficially owns 8,756 shares, representing 0.1% of the common stock.
• Mercury Fund Partners III, L.P. (GP III), as the general partner of both Mercury Fund Ventures III, L.P. and Mercury Fund Affiliates III, L.P., is deemed to beneficially own 194,618 shares, or 3.2% of the common stock.
• Mercury Partners, LLC (UGP), as the general partner of GP III, is also deemed to beneficially own 194,618 shares, or 3.2% of the common stock.
• Mercury Camelback Fund, LLC beneficially owns 189,519 shares, representing 3.1% of the common stock.
• Mercury Partners Management, LLC (MM), as the managing member of Mercury Camelback Fund, LLC, is deemed to beneficially own 189,519 shares, or 3.1% of the common stock.
• Adrian Fortino, a managing member of MM, is deemed to have shared voting and dispositive power over 189,519 shares, representing 3.1% of the common stock.
• Aziz Gilani, a managing member of MM, is deemed to have shared voting and dispositive power over 189,519 shares, representing 3.1% of the common stock.
• Dan Watkins, a manager of UGP III, is deemed to have shared voting and dispositive power over 194,618 shares, representing 3.2% of the common stock.
• Blair Garrou, a manager of UGP III and a managing member of MM, is deemed to have shared voting and dispositive power over a total of 384,137 shares, representing 6.3% of the common stock.
• The percentages are calculated based on 6,114,020 Common Stock outstanding of Benson Hill, Inc. as of November 7, 2024, as reported in the Issuer's Form 10-Q filed on November 12, 2024.
• The reporting persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Benson Hill, Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial news.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by institutional investors and does not provide specific insights into broader industry trends or competitive positioning beyond indicating investment interest in Benson Hill, Inc.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant passive ownership stakes by Mercury Fund entities and associated individuals, confirming their investment in Benson Hill, Inc.

Key Dates

Keywords

Benson Hill Inc., SEC Filing, Schedule 13G, Beneficial Ownership, Common Stock, Mercury Fund Ventures III L.P., Mercury Fund Affiliates III L.P., Mercury Fund Partners III L.P., Mercury Partners LLC, Mercury Camelback Fund LLC, Mercury Partners Management LLC, Adrian Fortino, Blair Garrou, Aziz Gilani, Dan Watkins, Passive Investment, Institutional Ownership