 | Badger State Ethanol, LLC (Class A-1)
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Badger State Ethanol, LLC created a new type of security that does not require the approval from the Board of Directors like the Class A units require. The A-1 units own equity the same as A units, and are eligible to share in profits and losses, as well as distributions, the same as A unit-holders. All interested parties should read the Third Amended and Restated Operating Agreement before purchasing units.
Trading Requirements
All offers to purchase and offers to sell must be communicated with a Registered Representative in person or telephone no later than 5 pm (CST) on any business day. Please note under available listings, the effective date is the first day a buyer can match an available listing.
Minimum Ownership: 5 Capital Units
Minimum Sale or Purchase: 1 Capital Unit
No Corn Delivery Required
Utilize ATS/QMS standards for selling and buying membership units.
Continuous offers to sell (listings)
Trade Effective dates for Sales will be January 1, April 1, July 1 and October 1
15-day waiting period on all offers to sell (listings)
120-day total listing period
45-day period required before transfer can become effective
60-day sit-out period if listing does not sell
The general company information along with the trade requirements and restrictions provided above are subject to change. Please contact Alerus Securities or visit the specific company's website to obtain the most up-to-date information.
Available Listings
Recent Sales
Standing Offers to Purchase |