Coffee Holding Co Inc

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Exchange Changes, Equity Financing / Related, Initial Public Offerings

Delta Corp Holdings Limited, A Fast Growing Asset-Light Logistics Company Enters Into A Definitive Merger And Share Exchange Agreement With Coffee Holding Co., Inc.

Published: 09/30/2022 12:44 GMT
Coffee Holding Co Inc (JVA) - Delta Corp Holdings Limited, a Fast Growing Asset-light Logistics Company Enters Into a Definitive Merger and Share Exchange Agreement With Coffee Holding Co.
, Holding Co Inc - Combined Public Company to Have an Implied Diluted Pro Forma Enterprise Value of Approximately $655 Million.
Coffee Holding - Under Agreement Coffee Holding and Delta Will Each Become Wholly Owned Subsidiaries of a Newly Created Holding Company.
Coffee Holding Co Inc - Delta Shareholders Will Become Majority Shareholders of Pubco.
Coffee Holding Co Inc - Combined Company Will Continue Under Pubco, and Expects to Trade on Nasdaq Under Ticker Symbol "dlog".
Coffee Holding Co Inc - Combined Co Will Continue to Operate Under Delta Management Team.
Coffee Holding - Coffee Holding, As Unit of Pubco, to Continue to Be Operated Under Leadership of Andrew Gordon, Currently Coffee Holding's President, Ceo.
Coffee Holding - Under Agreement, Shareholders of Coffee Holdings to Get 1 Ordinary Share of Pubco for Each Share of Coffee Holdings Common Stock They Own.
Coffee Holding - Delta Shareholders to Exchange Shares of Delta for $625 Million in Ordinary Shares of Pubco at Implied Diluted Value per Share of $5.50.
Coffee Holding - Post Closing of Deal, Shareholders of Delta Anticipated to Collectively Own About 95.21% of Outstanding Ordinary Shares of Pubco.