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Bioceres (BIOX) director exit linked to Jasper Lake Note Purchase dispute

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Bioceres Crop Solutions Corp. reports that Noah Kolatch resigned from its board of directors effective September 30, 2025. His resignation is linked to a reservation of rights letter sent to the company by Jasper Lake through counsel on September 25, 2025, which raised issues under existing Note Purchase Agreements. The company responded on September 30, 2025 with its own reservation of rights letter, disputing that any Events of Default have occurred and expressing its view that constructive dialogue with Jasper Lake is in the best interests of the company and its stakeholders. Bioceres states that it remains focused on improving its commercial and financial performance and on delivering innovative agricultural solutions.

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Insights

Board resignation tied to noteholder dispute; credit implications unclear.

The filing discloses that Noah Kolatch resigned from the board of Bioceres Crop Solutions Corp. effective September 30, 2025. His departure is explicitly connected to a reservation of rights letter from Jasper Lake relating to Note Purchase Agreements. Such letters typically signal that a creditor is formally preserving its contractual rights, which can precede negotiations or more formal actions.

Bioceres responded the same day with its own reservation of rights letter, stating that it disputes that any Events of Default have occurred under the Note Purchase Agreements. The company also emphasizes its interest in a “productive dialogue” with Jasper Lake to address any legitimate concerns, framing this as aligned with the interests of all stakeholders. The filing does not quantify the notes or describe financial covenants, so the concrete impact on the capital structure or liquidity cannot be assessed from this excerpt alone.

The key elements to focus on are the combination of a director resignation and a formally documented disagreement over whether Events of Default have occurred. Subsequent disclosures, including any amendments to the Note Purchase Agreements or further board composition changes reported after September 30, 2025, would help clarify how the relationship with Jasper Lake evolves and whether it affects Bioceres’ financing arrangements.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer

Pursuant to Rules 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

 

For the month of October 2025

 

Commission File Number: 001-38836

 

BIOCERES CROP SOLUTIONS CORP.

(Translation of registrant’s name into English)

 

Ocampo 210 bis, Predio CCT, Rosario

Province of Santa Fe, Argentina

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F x                               Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

 

 

 

 

 

EXPLANATORY NOTE

 

This Form 6-K, other than the third paragraph above and Exhibits 99.1 and 99.2, is incorporated by reference into the Company’s registration statement on Form F-3 (Registration No. 333-284195), Form S-8 (Registration Nos. 333-271941 and 333-266333).

 

 

 

Resignation of Board Member

 

Bioceres Crop Solutions Corp. (the “Company”) informs that, effective September 30, 2025, Noah Kolatch resigned as a member of the board of directors (the “Board”) of the Company, in connection with the delivery of the reservation of rights letter delivered to the Company by Jasper Lake, through counsel, dated September 25, 2025 (the “Kramer Letter”), a copy of which is filed herewith as Exhibit 99.1.

 

In response to the Kramer Letter, the Company delivered a reservation of rights letter to Jasper Lake on September 30, 2025, disputing that any Events of Default have occurred under the Note Purchase Agreements and reinforcing that it is in the best interest of the Company and all of its stakeholders to engage in a productive dialogue with Jasper Lake to address any legitimate concern it may have, a copy of which is filed herewith as Exhibit 99.2.

 

The Company is committed to maintaining its focus on improving its commercial and financial performance and delivering innovative solutions to the agricultural market.

 

 

 

Exhibit List

 

Exhibit No.   Description
99.1   Jasper Lake letter to the Company, delivered on September 25, 2025.
     
99.2   Company letter to Jasper Lake, delivered on September 30, 2025.

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  BIOCERES CROP SOLUTIONS CORP.
  (Registrant)
     
     
Dated: October 1, 2025 By: /s/ Federico Trucco
  Name: Federico Trucco
  Title: Chief Executive Officer

 

 

FAQ

What did Bioceres Crop Solutions Corp. (BIOX) disclose in this Form 6-K?

Bioceres Crop Solutions Corp. reported that board member Noah Kolatch resigned effective September 30, 2025, and described an exchange of reservation of rights letters between the company and Jasper Lake concerning Note Purchase Agreements.

When did Noah Kolatch resign from the Bioceres (BIOX) board of directors?

Bioceres stated that Noah Kolatch resigned as a member of its board of directors effective September 30, 2025.

Who is Jasper Lake in relation to Bioceres Crop Solutions Corp. (BIOX)?

The filing identifies Jasper Lake as the sender of a reservation of rights letter dated September 25, 2025 concerning Bioceres’ Note Purchase Agreements, indicating it holds contractual rights under those agreements.

What is the dispute between Bioceres (BIOX) and Jasper Lake about?

Jasper Lake delivered a reservation of rights letter that referenced Events of Default under Bioceres’ Note Purchase Agreements. Bioceres responded on September 30, 2025, expressly disputing that any Events of Default have occurred and reserving its own rights.

How did Bioceres (BIOX) respond to the Jasper Lake reservation of rights letter?

Bioceres sent its own reservation of rights letter to Jasper Lake on September 30, 2025, disputing that any Events of Default have occurred under the Note Purchase Agreements and stating that it seeks a productive dialogue to address Jasper Lake’s legitimate concerns.

Does Bioceres (BIOX) mention its strategic or operational focus in this 6-K?

Yes. Bioceres affirms that it remains committed to improving its commercial and financial performance and to delivering innovative solutions to the agricultural market, despite the issues raised in the reservation of rights correspondence.

Are the Jasper Lake and Bioceres letters included with the Form 6-K filing?

Yes. The filing lists as exhibits the Jasper Lake letter delivered on September 25, 2025 (Exhibit 99.1) and the Bioceres response letter delivered on September 30, 2025 (Exhibit 99.2).
Bioceres Crop Solutions Corp

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