Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 1, 2024

CARDINAL ETHANOL, LLC

(Exact name of registrant as specified in its charter)



Indiana	000-53036	20-2327916
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

1554 N. County Road 600 E., Union City, IN 47390

(Address of principal executive offices)

(765) 964-3137

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None


Title of each class	Trading Symbol(s)	Name of each exchange on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 1.01 Entry into a Material Definitive Agreement

Effective on May 1, 2024, Cardinal Ethanol, LLC's wholly owned subsidiary, Cardinal Colwich, LLC ("Cardinal Colwich") executed a Large Volume Transportation Service (LVTS) Agreement with Black Hill/Kansas Gas Utility Company, LLC d/b/a Black Hills Energy ("Black Hills") for the transportation and delivery of natural gas to its ethanol plant located in Colwich, Kansas. The LVTS was amended by the First Amendment Large Volume Transportation Service (LVTS) Agreement to be effective on June 1, 2024.

The primary term of the LVTS is from May 1, 2024 through May 31, 2029. The LVTS renews annually, thereafter, unless either party gives written notice of non-renewal at least six months prior to the expiration of the primary term or any renewal term. The LVTS can also be terminated by Black Hills upon thirty days notice of Cardinal Colwich fails to qualify for service. Under the LVTS, Cardinal Colwich will be billed for services on a monthly basis and may be required to install or upgrade telemetry equipment at its sole expense.

Item 9.01 Financial Statements and Exhibits

(a)None.

(b)None.

(c)None.

(d)Exhibits.


Exhibit No.						Description
99.1						Large Volume Transportation Service Agreement between Black Hills and Cardinal Colwich dated May 1, 2024
99.2						First Amendment to Large Volume Transportation Service Agreement between Black Hills and Cardinal Colwich effective June 1, 2024**
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

**Confidential Information Redacted

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 hereunto duly authorized.


			CARDINAL ETHANOL, LLC

Date: May 22, 2024			/s/ Jeffrey L. Painter
			Jeffrey L. Painter, Chief Executive Officer
			(Principal Executive Officer)

Ward Slocum 04/01/2024 General Manager Operations

General Manager Operations 04/01/2024 Ward Slocum

General Manager Operations 05.03.2024 Ward Slocum

[***]

Ward Slocum General Manager Operations 05.03.2024

Cover	May 01, 2024
Cover [Abstract]
Document Type	8-K
Document Period End Date	May 01, 2024
Entity Registrant Name	CARDINAL ETHANOL, LLC
Entity Incorporation, State or Country Code	IN
Entity File Number	000-53036
Entity Tax Identification Number	20-2327916
Entity Address, Address Line One	1554 N. County Road 600 E.
Entity Address, City or Town	Union City
Entity Address, State or Province	IN
Entity Address, Postal Zip Code	47390
City Area Code	765
Local Phone Number	964-3137
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Amendment Flag	false
Entity Central Index Key	0001352081