Jasper Lake boosts Bioceres (BIOX) influence with 12.13% stake, note-driven rights
Rhea-AI Filing Summary
Bioceres Crop Solutions Corp. investor Jasper Lake Ventures One LLC and principal Noah Kolatch report a 12.13% beneficial stake in the company’s ordinary shares. They may be deemed to beneficially own 8,710,707 ordinary shares, including 397,000 shares currently held and additional shares issuable upon conversion of notes within 60 days.
The ownership percentage is calculated against 63,478,813 ordinary shares outstanding as of September 30, 2025, plus 8,313,707 shares that can be acquired on note conversion. As of November 10, 2025, they report shared voting and dispositive power over all 8,710,707 shares. Kolatch is a principal of Jasper Lake and disclaims beneficial ownership beyond what is required under securities laws.
On January 20, 2026, Jasper Lake, together with other holders of the issuer’s notes, foreclosed on all assets of the issuer’s subsidiary Pro Farm Group, Inc. via an aggregate credit bid of $15,00,000, indicating enforcement of creditor rights against that subsidiary.
Positive
- None.
Negative
- Foreclosure on subsidiary assets: On January 20, 2026, Jasper Lake and other noteholders foreclosed on all assets of Bioceres’ subsidiary Pro Farm Group, Inc. via a credit bid of $15,00,000, signaling creditor enforcement against that subsidiary.
Insights
Jasper Lake discloses a 12.13% stake and enforces noteholder rights via foreclosure on a Bioceres subsidiary.
The filing shows Jasper Lake Ventures One LLC and Noah Kolatch reporting beneficial ownership of 8,710,707 ordinary shares of Bioceres Crop Solutions Corp., representing 12.13% of the class. This includes 397,000 shares held plus 8,313,707 shares issuable upon conversion of notes within 60 days, calculated against 63,478,813 shares outstanding as of September 30, 2025.
The notes give Jasper Lake and Kolatch significant potential equity exposure while they also act as creditors. On January 20, 2026, Jasper Lake and other noteholders foreclosed on all assets of subsidiary Pro Farm Group, Inc. through a credit bid of $15,00,000, indicating that the subsidiary’s obligations under the notes were enforced against its asset base. This suggests financial stress at the subsidiary level, though the filing does not quantify the impact on the parent’s consolidated operations.
The combination of a double-digit ownership stake and collateral foreclosure is notable because it aligns creditor and equity interests in a complex way. The key disclosed milestone is the foreclosure date of January 20, 2026 and the use of a credit bid structure, which confirms that noteholder claims have been applied against the Pro Farm Group, Inc. assets rather than settled in cash.