South Dakota Soybean Processors Relocates Offices
Ticker: SDSYA · Form: 8-K · Filed: Feb 7, 2025 · CIK: 1163609
| Field | Detail |
|---|---|
| Company | South Dakota Soybean Processors LLC (SDSYA) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0.25, $7.6 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: administrative, office-relocation
TL;DR
SDSP moved its main office to Volga, SD effective Feb 4, 2025.
AI Summary
On February 4, 2025, South Dakota Soybean Processors, LLC filed an 8-K report. The filing indicates a change in the company's principal executive offices to 100 Caspian Avenue, Volga, South Dakota, 57071. This move is effective as of February 4, 2025.
Why It Matters
A change in principal executive offices can signal operational shifts or strategic realignments within the company.
Risk Assessment
Risk Level: low — The filing is a routine administrative update regarding office location and does not involve financial distress or significant operational changes.
Key Players & Entities
- South Dakota Soybean Processors, LLC (company) — Registrant
- 100 Caspian Avenue, Volga, South Dakota, 57071 (location) — New principal executive offices
- February 4, 2025 (date) — Effective date of office change
FAQ
What is the new address for South Dakota Soybean Processors, LLC's principal executive offices?
The new address is 100 Caspian Avenue, PO Box 500, Volga, South Dakota 57071.
When did the change in principal executive offices become effective?
The change became effective on February 4, 2025.
Is this filing related to a merger or acquisition?
No, this filing is specifically an 8-K Current Report indicating a change in principal executive offices.
What was the former address of the company?
The filing does not explicitly state the former address, only that the principal executive offices have changed.
What is the SIC code for South Dakota Soybean Processors, LLC?
The Standard Industrial Classification (SIC) code is 2070 for FATS & OILS.
Filing Stats: 328 words · 1 min read · ~1 pages · Grade level 11 · Accepted 2025-02-07 09:36:30
Key Financial Figures
- $0.25 — ved and declared a cash distribution of $0.25 per outstanding capital unit, or approx
- $7.6 million — standing capital unit, or approximately $7.6 million. The distribution is expected to be pai
Filing Documents
- sdsp-20250204.htm (8-K) — 21KB
- sdsp-20250204_g1.gif (GRAPHIC) — 9KB
- 0001163609-25-000002.txt ( ) — 156KB
- sdsp-20250204.xsd (EX-101.SCH) — 2KB
- sdsp-20250204_lab.xml (EX-101.LAB) — 20KB
- sdsp-20250204_pre.xml (EX-101.PRE) — 11KB
- sdsp-20250204_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On February 4, 2025, the Board of Managers of South Dakota Soybean Processors, LLC approved and declared a cash distribution of $0.25 per outstanding capital unit, or approximately $7.6 million. The distribution is expected to be paid and issued to members on February 6, 2025. SIGNATURE 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. SOUTH DAKOTA SOYBEAN PROCESSORS, LLC Dated: February 6, 2025 /s/ Mark Hyde Mark Hyde, Chief Financial Officer