SCHEDULE: Jasper Lake Forecloses on Bioceres Subsidiary Assets

Jasper Lake Ventures One LLC and other noteholders foreclosed on Bioceres Crop Solutions Corp.'s subsidiary Pro Farm Group, Inc. for a $15 million credit bid.

Summary

• Jasper Lake Ventures One LLC and Noah Kolatch filed an Amendment No. 3 to Schedule 13D regarding their beneficial ownership in Bioceres Crop Solutions Corp.
• As of January 20, 2026, Jasper Lake, along with other noteholders, foreclosed on all assets of Bioceres' subsidiary, Pro Farm Group, Inc., through an aggregate credit bid of $15,000,000.
• Jasper Lake and Noah Kolatch beneficially own an aggregate of 8,710,707 Ordinary Shares, representing approximately 12.13% of Bioceres' outstanding Ordinary Shares.
• This ownership includes 397,000 Ordinary Shares directly held by Jasper Lake and 8,313,707 Ordinary Shares issuable upon the conversion of notes held by Jasper Lake, which are convertible within 60 days of the filing date.
• The percentage of ownership is calculated based on 63,478,813 Ordinary Shares outstanding as of September 30, 2025, plus the 8,313,707 convertible shares.

Sentiment

Score: 3

Explanation: The sentiment is negative for Bioceres Crop Solutions Corp. due to the foreclosure of a subsidiary's assets. While it represents an asset acquisition for the reporting person (Jasper Lake), the event itself signals financial distress or a significant loss for the issuer. The increase in beneficial ownership for Jasper Lake is a consequence of this event, not necessarily a positive for the broader market perception of Bioceres.

Positives

• Jasper Lake Ventures One LLC acquired all assets of Pro Farm Group, Inc., a subsidiary of Bioceres Crop Solutions Corp., through a $15,000,000 credit bid, indicating a successful asset acquisition for the reporting person.

Negatives

• Bioceres Crop Solutions Corp. experienced a foreclosure on all assets of its subsidiary, Pro Farm Group, Inc., which suggests financial distress or strategic divestment under duress for the issuer.
• The foreclosure event could lead to a loss of a significant operating segment or assets for Bioceres Crop Solutions Corp.

Future Outlook

The notes held by Jasper Lake, which are convertible into 8,313,707 Ordinary Shares, are convertible within 60 days of this Schedule 13D filing.

Industry Context

This filing details a specific transaction involving a significant shareholder and a subsidiary's assets, rather than broad industry trends. The foreclosure event suggests financial restructuring or asset reallocation within the agricultural biotechnology sector, impacting Bioceres' operational footprint.

Related Party Transactions

• Jasper Lake Ventures One LLC, a significant beneficial owner (12.13%) of Bioceres Crop Solutions Corp., along with other noteholders, foreclosed on the assets of Bioceres' subsidiary, Pro Farm Group, Inc. This transaction involves a major shareholder and the issuer's subsidiary.

Stakeholder Impact

• Shareholders of Bioceres Crop Solutions Corp. may experience a negative impact due to the loss of a subsidiary's assets, potentially affecting the company's valuation and future earnings capacity.
• Jasper Lake Ventures One LLC, as a noteholder and now owner of Pro Farm Group, Inc.'s assets, benefits from the transaction by acquiring assets through a credit bid.

Next Steps

• Conversion of 8,313,707 Ordinary Shares from notes held by Jasper Lake within 60 days of the Schedule 13D filing.

Key Dates

Keywords

Bioceres Crop Solutions, Jasper Lake Ventures, Schedule 13D, Foreclosure, Pro Farm Group, Beneficial Ownership, Convertible Notes, SEC Filing, Asset Acquisition