South Dakota Soybean Processors Enters Material Agreement
Ticker: SDSYA · Form: 8-K · Filed: Nov 25, 2025 · CIK: 1163609
| Field | Detail |
|---|---|
| Company | South Dakota Soybean Processors LLC (SDSYA) |
| Form Type | 8-K |
| Filed Date | Nov 25, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $70 million, $20 m, $14 million, $10 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
SDSP just signed a big deal, new financial obligations incoming.
AI Summary
On November 24, 2025, South Dakota Soybean Processors, LLC entered into a material definitive agreement and created a direct financial obligation. The filing does not specify the other parties involved or the financial details of the agreement.
Why It Matters
This filing indicates a significant new financial commitment or partnership for South Dakota Soybean Processors, LLC, which could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The nature of the agreement and its financial implications are not disclosed, creating uncertainty about potential risks.
Key Players & Entities
- SOUTH DAKOTA SOYBEAN PROCESSORS LLC (company) — Registrant
- November 24, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by South Dakota Soybean Processors, LLC?
The filing states that South Dakota Soybean Processors, LLC entered into a material definitive agreement, but the specific details of this agreement are not provided in the document.
What is the direct financial obligation created by South Dakota Soybean Processors, LLC?
The filing indicates the creation of a direct financial obligation, but the specific terms, amount, and counterparty are not disclosed.
Who are the other parties involved in the material definitive agreement?
The filing does not specify the names of any other parties involved in the material definitive agreement.
What is the financial impact or value of the new agreement?
The filing does not provide any specific dollar amounts or financial details related to the material definitive agreement or the resulting financial obligation.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on November 24, 2025, which is the date of the earliest event reported in this Form 8-K.
Filing Stats: 468 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2025-11-25 13:59:52
Key Financial Figures
- $70 million — Company's seasonal loan decreases from $70 million to $20 million, and the maturity date i
- $20 m — onal loan decreases from $70 million to $20 million, and the maturity date is extende
- $14 million — ement for the Company, reducing it from $14 million to $10 million. All other material ite
- $10 million — ompany, reducing it from $14 million to $10 million. All other material items and conditio
Filing Documents
- sdsp-20251124.htm (8-K) — 22KB
- sdsp-20251124_g1.gif (GRAPHIC) — 9KB
- 0001163609-25-000036.txt ( ) — 150KB
- sdsp-20251124.xsd (EX-101.SCH) — 2KB
- sdsp-20251124_lab.xml (EX-101.LAB) — 20KB
- sdsp-20251124_pre.xml (EX-101.PRE) — 11KB
- sdsp-20251124_htm.xml (XML) — 2KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On November 24, 2025, South Dakota Soybean Processors, LLC (the "Company") entered into Amended and Restated Credit Agreement (the "Restated Credit Agreement") with our lender, CoBank, ACB, which amends and restates our existing Credit Agreement dated March 17, 2025. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On November 24, 2025, we entered into the Amended and Restated Credit Agreement with our lender, CoBank, ACB. Under the Restated Credit Agreement, the principal available under the Company's seasonal loan decreases from $70 million to $20 million, and the maturity date is extended to December 1, 2026. The Restated Credit Agreement also revises the unconsolidated working capital requirement for the Company, reducing it from $14 million to $10 million. All other material items and conditions under the Credit Agreement dated March 17, 2025, and subsequent amendments to such agreement, remain the same following the Restated Credit Agreement. The Restated Credit Agreement will be filed as an exhibit in our next periodic report. 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: November 25, 2025 /s/ Mark Hyde Mark Hyde, Chief Financial Officer