/Companies

Premium Peanut

Douglas, US · Georgia LLC

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Premium Peanut is a grower-owned company that processes peanuts, handling roughly 10 percent of the peanuts harvested in the United States each year. It is backed by a cooperative of more than 450 peanut growers.

Founders & leadership

MSMarshall Spivey
Marshall SpiveyExecutive
CDCourtney Dorsett
Courtney DorsettExecutive
CGClay Garnto
Clay GarntoChief Executive OfficerClay Garnto is Executive Officer of Premium Peanut, a grower-owned processor that handles approximately 10 percent of U.S. peanuts annually and is backed by a cooperative of over 450 peanut growers. He brings more than 25 years of business management experience across operations, sales, accounting, and multi-site management in manufacturing.
WT
William ThelenExecutive
GH
Greg HughesNamed on SEC filing
KZ
Karl ZimmerNamed on SEC filing
AW
Andrew WalkerNamed on SEC filing

Board

RE
Ralph EvansBoard director
JN
Jacob NolanBoard director
GW
Gene WaldronBoard director
SW
Scott WilliamsBoard director
KF
Kent FountainBoard director

Reported raises · per SEC filings

Form D private placements

$4.5M disclosed across 2 rounds · 2021

▶$3.9MraisedNov 2024 · 47 investors · Agriculture
Rule 506(b)
Officers, directors & promoters on the filing
  • Marshall SpiveyExecutive Officer
  • Ralph EvansDirector
  • Courtney DorsettExecutive Officer
  • Clay GarntoExecutive Officer
  • Jacob NolanDirector
  • Gene WaldronDirector
  • Scott WilliamsDirector
  • Kent FountainDirector
  • Steve DixonDirector
  • William ThelenExecutive Officer
  • Gabe EvansDirector
Offering amount
$16.3M
Amount sold
$3.9M
Minimum investment
$1
First sale
Apr 2021
Incorporated
Limited Liability Company, Georgia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$607.5KraisedJul 2021 · 6 investors · Agriculture
Rule 506(b)
Officers, directors & promoters on the filing
  • Greg HughesExecutive Officer
  • Steve DixonDirector
  • Scott WilliamsDirector
  • Kent FountainDirector
  • Karl ZimmerExecutive Officer
  • Andrew WalkerDirector
  • Gabe EvansDirector
  • Gene WaldronDirector
  • Marshall SpiveyExecutive Officer
  • Ralph EvansDirector
Offering amount
$15M
Amount sold
$607.5K
Minimum investment
$1
First sale
Apr 2021
Incorporated
Limited Liability Company, Georgia
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Premium Peanut do?
Premium Peanut is a grower-owned company that processes peanuts, handling roughly 10 percent of the peanuts harvested in the United States each year. It is backed by a cooperative of more than 450 peanut growers.
How much funding has Premium Peanut raised?
Premium Peanut has disclosed $4.5M raised across 2 rounds.
Where is Premium Peanut headquartered?
Premium Peanut is headquartered in Douglas, US.