Unlike many SPAC targets, Benson Hill is already on solid financial footing. It had revenue of $102 million in 2020, and projects annualized sales growth of 46% from 2020 to 2027. That’s higher than stock-market darlings such as Beyond Meat Inc. at about 40%. The gross margin of 45% for Benson Hill is also higher than the peer group ranging from 20% to 35%…
