 | Cardinal Ethanol, LLC
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Cardinal Ethanol, LLC is a 100 million gallon ethanol plant in east central Indiana, near West Union. Cardinal Ethanol began ethanol production on November 1, 2008.
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. The effective date is the first day a buyer can match an available listing. If there are multiple standing offers to purchase at or above the purchase on the day prior to the effective date, offers must be made by 3:30 pm. At that time each party with an offer at or above the listed price will have a one time opportunity to raise his or her offer.
Minimum Ownership - 1 Membership Unit
Minimum Sale Increments - 1 Membership Unit
Delivery Requirement - None
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
Board approval required on all transfers
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 |