secwatch.observer — SEC 8-K summary
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Issuer:     Vita Coco Company, Inc. (COCO)
CIK:        0001482981
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001482981-24-000032
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Vita Coco expands manufacturing agreement with Century Pacific for new facility
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- Agreement with Century Pacific to produce Vita Coco products at an additional manufacturing facility.
- Century Pacific to build new facility at own cost; production target by Q1 2025.
- Company commits to purchase minimum volume annually; penalty if either party fails to meet minimum.
- Vita Coco gets right of first refusal on Century Pacific's excess production beyond minimum.
- Initial term runs from March 8, 2024 through end of sixth full calendar year after first delivery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482981/000148298124000032/0001482981-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482981/000148298124000032/coco-20240308.htm
  HTML page:      https://secwatch.observer/filing/0001482981-24-000032

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