Court Decision in Litigation with Noteholders
Bioceres Crop Solutions Corp. is involved in a legal dispute with noteholders Jasper Lake Ventures One LLC, Redwood Enhanced Income Corp., Liminality Partners LP, and Solel-Bioceres SPV, L.P. The noteholders filed claims alleging defaults under convertible and non-convertible notes. The Company disputes these allegations. A New York Supreme Court partially granted the noteholders' motion to prevent the Company from dissipating collateral and denied the Company's cross-motion to enjoin a foreclosure auction. The foreclosure sale, originally scheduled for December 22, 2025, has been adjourned to January 19, 2026, with the Company's agreement to cooperate in the sale process to maximize value. However, the Company maintains its dispute over the alleged defaults and reserves its rights regarding the sale process and any non-compliance with legal requirements.