secwatch.observer — SEC 8-K summary
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Issuer:     Westrock Coffee Co (WEST)
CIK:        0001806347
Form:       8-K
Filed at:   2022-08-30T23:59:59+00:00
Accession:  0001104659-22-095720
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.02, 3.02, 3.03, 5.03, 5.02, 5.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westrock Coffee completes business combination with Riverview Acquisition Corp., lists on Nasdaq
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806347/000110465922095720/0001104659-22-095720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806347/000110465922095720/tm2224642d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-095720

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