Vita Coco announces secondary offering of 4 million shares by Verlinvest; company receives no proceeds

Vita Coco Company, Inc.

Underwriting agreement with BofA Securities for 4,000,000 shares sold by Verlinvest Beverages SA.
Offering closed on November 9, 2023; company will not receive any proceeds.
Shares offered pursuant to existing S-3 registration statement filed May 2, 2023.
Selling stockholder Verlinvest is sole seller; no dilution to company's cash position.

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