CHS Inc. (NASDAQ:CHSCL) Files An 8-K Results of Operations and Financial Condition

CHS Inc. (NASDAQ:CHSCL) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

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On November30, 2018, CHS Inc. (“CHS”) filed with the Securities and Exchange Commission (the “SEC”) a Form12b-25 Notification of Late Filing (the “Form12b-25”) with respect to its Annual Report on Form10-K for the year ended August31, 2018. In the Form12b-25, CHS stated the following:

A copy of the Form12b-25 is attached hereto as Exhibit99.1 and incorporated herein by reference.

to General Instruction B.2. to Form8-K, the information set forth in this Item 2.02 shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

Forward-Looking Statements

The foregoing contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Such forward-looking statements include, but are not limited to, statements relating to expected results for the year ended August30, 2018 and impacts of the restatement of CHS’s consolidated financial statements. These forward-looking statements are subject to risks, uncertainties and other factors, including discovery of information in addition to or different from the information upon which such forward-looking statements are based. As a result of these matters, actual results may differ materially from those projected and the actual adjustments reflected in the restated financial statements to be issued by the Company may differ materially from the anticipated results expressed or implied in the forward-looking statements made in the foregoing discussion. Factors that could affect CHS’s actual results include the results of the continuing review into the employee misconduct described in the Form12b-25 and other various uncertainties disclosed in CHS’s reports filed with the SEC, including CHS’s Annual Report on Form10-K for the fiscal year ended August31, 2017. CHS urges readers to take such factors and the possibility of such differences into account in any consideration of the forward-looking statements included in the foregoing and not to place undue reliance on such statements. The forward-looking statements included in the foregoing are made only as of the date of hereof, and CHS undertakes no obligation to update any of these forward-looking statements to reflect subsequent events or circumstances.

Item 9.01. Financial Statements and Exhibits.

CHS INC Exhibit
EX-99.1 2 a18-40967_1ex99d1.htm EX-99.1 Exhibit 99.1         UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington,…
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CHS Inc. is an integrated agricultural company, providing grain, foods and energy resources to businesses and consumers on a global basis. The Company’s segments include Energy, Ag, Nitrogen Production, Foods, and Corporate and Other. The Energy segment derives its revenues through refining, wholesaling and retailing of petroleum products. The Company’s Ag segment includes its grain marketing, country operations, crop nutrients, processing and food ingredients, and renewable fuels businesses. The Nitrogen production segment consists equity method investment in CF Industries Nitrogen, LLC. The Food segment consists its equity method investment in Ventura Foods, LLC. The corporate and other segment includes wheat milling operations, as well as business solutions operations consisting of commodities hedging, insurance and financial services related to crop production. Its businesses primarily include financing, insurance, hedging and other service activities related to crop production.

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