LONGMONT, Colo., Nov. 25, 2024 /PRNewswire/ — S&W Seed Company (Nasdaq: SANW) today announced it has finalized the voluntary plan of administration (“VA”) process for its subsidiary, S&W Seed Company Australia Pty Ltd (“S&W Australia”).
“As a result of the VA process being completed, on a go forward basis S&W is exclusively focused on its core U.S.-based operations led by our high margin Double Team sorghum solutions as well as our biofuels joint venture with Shell,” commented S&W Seed Company’s CEO, Mark Herrmann.
As previously reported, S&W Australia adopted a voluntary administration process on July 24, 2024, and on October 11, 2024 creditors of S&W Australia approved…
