S&W Finalizes Voluntary Plan of Administration Process for Australian Subsidiary

Core Points - S&W Seed Company has completed the voluntary administration process for its subsidiary, S&W Seed Company Australia Pty Ltd, allowing the company to focus on its core U.S. operations [1][2] - The voluntary administration process for S&W Australia began on July 24, 2024, and a Deed of Company Arrangement was approved by creditors on October 11, 2024, transferring 100% of S&W Australia shares to Avior Asset Management No. 3 Pty Ltd [3] - A settlement agreement was reached on November 22, 2024, which included the transfer of certain intellectual property and inventory, as well as the release from a AUD $15.0 million guarantee with National Australia Bank Limited [4][5] Company Overview - S&W Seed Company, founded in 1980, is a global multi-crop agricultural company headquartered in Longmont, Colorado, focusing on proprietary seed products and sustainable biofuel feedstocks [5] - The company aims to be the preferred proprietary seed company globally, supplying sorghum, forage, and specialty crop products to meet the growing demand for animal proteins and healthier diets [5]