Golden Growers Cooperative Files 8-K

TL;DR

Golden Growers Cooperative filed an 8-K on Jan 31, 2025, for other events and exhibits.

AI Summary

Golden Growers Cooperative filed an 8-K on February 5, 2025, reporting events as of January 31, 2025. The filing primarily concerns other events and financial statements/exhibits, with no specific material events detailed in the provided text.

Why It Matters

This 8-K filing indicates that Golden Growers Cooperative is providing updates or submitting required financial documents to the SEC.

Risk Assessment

Risk Level: low — The filing is a routine disclosure and does not appear to contain information about significant financial distress or major operational changes.

Key Players & Entities

• Golden Growers Cooperative (company) — Registrant
• February 5, 2025 (date) — Filing Date
• January 31, 2025 (date) — Period of Report
• 1002 MAIN AVENUE WEST, SUITE 5, WEST FARGO, ND 58078 (address) — Principal Executive Offices

FAQ

Filing Documents

• ggrou20250204_8k.htm (8-K) — 27KB
• 0001437749-25-002793.txt ( ) — 149KB
• ggrou-20250131.xsd (EX-101.SCH) — 3KB
• ggrou-20250131_def.xml (EX-101.DEF) — 10KB
• ggrou-20250131_lab.xml (EX-101.LAB) — 14KB
• ggrou-20250131_pre.xml (EX-101.PRE) — 11KB
• ggrou20250204_8k_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events On January 31, 2025, the board of directors (the "Board") of Golden Growers Cooperative (the "Cooperative") determined that following completion of the sale of the Cooperative's 50% membership interest in ProGold Limited Liability Company to Cargill, Incorporated ("Cargill") at the December 31, 2026 expiration of Cargill's Second Amended and Restated Facility Lease with ProGold LLC, as amended, it is in the best interests of the Cooperative's members for the Cooperative to dissolve, wind-up its business and affairs and distribute to the members any assets remaining after paying or providing for payment of its creditors. The Board unanimously ratified the terms of the sale transaction to Cargill, as provided in that certain ProGold Limited Liability Company Agreement, effective March 1, 2022, as described in Item 1, Business , included in the Cooperative's Annual Report Form on 10-K for the fiscal year ended December 31, 2023. The Board also unanimously approved a formal plan of liquidation and dissolution (the "Plan of Dissolution") in respect of the dissolution, including the manner of distribution of the sale proceeds to the Cooperative's members. The Plan of Dissolution will be distributed to the members for their review and vote at the upcoming Annual Meeting of the Members, to be held on or around March 20, 2025. The Board reserves the right to abandon the dissolution and the Plan of Dissolution, if the Board, in its discretion, determines that the dissolution of the Cooperative or the Plan of Dissolution is no longer in the best interests of the Cooperative and its members. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Current Report on Form 8-K contains forward-looking statements and information based upon assumptions by the Cooperative, including assumptions about risks and uncertainties faced by the Cooperative. All statements contained in this Current Report on Form 8-K that do not relate to matters of historical fa

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GOLDEN GROWERS COOPERATIVE Dated: February 4, 2025 /s/ Scott Stofferahn By: Scott Stofferahn Its: Executive Vice President and Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR