Advanced Biofuels


Gevo Hires Cowen & Company, LLC to Explore Strategic and Financial Alternatives

Date Posted: May 31, 2016

Englewood, CO - May 31, 2016 - Gevo, Inc. (NASDAQ:GEVO), a leading renewable technology, chemical products, and next generation biofuels company, announced today that it has commenced a review of strategic alternatives.

The Board of Directors of Gevo has engaged Cowen & Company, LLC as financial advisor to assist in the review.

The Board of Directors and its advisor have established a process for outreach to, and engagement with, interested strategic and financial parties.

“After careful consideration, including discussions with a range of stakeholders, we believe it is an appropriate time to undertake a comprehensive review of the company’s strategic and financial alternatives.

"The Board is thoroughly committed to exploring strategic and financial alternatives while simultaneously supporting management in the development of Gevo’s technology and business.

"We believe that pursuing both of these paths is in the best interests of all of our stakeholders, including our stockholders, and is expected to maximize the value of Gevo,” said Ruth I. Dreessen, Chairman of the Board of Directors of Gevo.

For more information, please contact David Rodewalkd at 805-494-9508 or gevo@davidjamesagency.com

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