8-K
filed August 30, 2022, 7:59 PM ET
ticker WEST
CIK 0001806347
M&A
confidence high
sentiment positive
materiality 0.90
Westrock Coffee completes business combination with Riverview Acquisition Corp., lists on Nasdaq
Westrock Coffee Co
- Business combination closed; common stock and warrants trade on Nasdaq under WEST and WESTW.
- Raised ~$300M in equity capital via PIPE financing; accessed $350M debt facilities ($175M term loan + $175M revolver).
- New board members appointed: Hugh McColl, R. Brad Martin, Mark Edmunds, Leslie Starr Keating, Oluwatoyin Umesiri; Witt Stephens and Matthew Salsbury left.
- Credit agreement includes financial covenants: total net leverage ratio ≤4.50x (stepdown to 4.00x) and interest coverage ≥1.50x.
- Scott Ford remains CEO; new employment agreements for CEO, CFO, and Group President.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Hugh McColl, III was appointed as Director at Westrock Coffee Co.
- Action
- appointed
- Role
- Director
Exact text from the filing
In connection with the Closing, Hugh McColl, III, R. Brad Martin, Mark Edmunds, Leslie Starr Keating and Oluwatoyin Umesiri were appointed to the Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Edmunds was appointed as Director at Westrock Coffee Co.
- Action
- appointed
- Role
- Director
Exact text from the filing
In connection with the Closing, Hugh McColl, III, R. Brad Martin, Mark Edmunds, Leslie Starr Keating and Oluwatoyin Umesiri were appointed to the Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Leslie Starr Keating was appointed as Director at Westrock Coffee Co.
- Action
- appointed
- Role
- Director
Exact text from the filing
In connection with the Closing, Hugh McColl, III, R. Brad Martin, Mark Edmunds, Leslie Starr Keating and Oluwatoyin Umesiri were appointed to the Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Witt Stephens departed as Director at Westrock Coffee Co.
- Action
- will not be continuing
- Role
- Director
Exact text from the filing
Witt Stephens and Matthew Salsbury, who were members of the Board of Managers, will not be continuing as members of the Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
R. Brad Martin was appointed as Director at Westrock Coffee Co.
- Action
- appointed
- Role
- Director
Exact text from the filing
In connection with the Closing, Hugh McColl, III, R. Brad Martin, Mark Edmunds, Leslie Starr Keating and Oluwatoyin Umesiri were appointed to the Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Matthew Salsbury departed as Director at Westrock Coffee Co.
- Action
- will not be continuing
- Role
- Director
Exact text from the filing
Witt Stephens and Matthew Salsbury, who were members of the Board of Managers, will not be continuing as members of the Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Oluwatoyin Umesiri was appointed as Director at Westrock Coffee Co.
- Action
- appointed
- Role
- Director
Exact text from the filing
In connection with the Closing, Hugh McColl, III, R. Brad Martin, Mark Edmunds, Leslie Starr Keating and Oluwatoyin Umesiri were appointed to the Board of Directors.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.