secwatch.observer — SEC 8-K summary
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Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2023-07-03T23:59:59+00:00
Accession:  0001493152-23-023315
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coffee Holding extends merger with Delta to Dec 31, 2023; Delta closes $15M revolver
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- Amendment No. 1 extends Outside Date of merger from June 29, 2023 to December 31, 2023.
- Earnout Calculation: Net Income definition updated to add back merger-related charges.
- Delta Corp closed a $15M revolving credit facility secured by working capital with a leading US bank.
- Proceeds to fund growth in Bulk Logistics and Energy Logistics segments and for general corporate purposes.
- Facility closed June 29, 2023; RMK Maritime acted as financial advisor to Delta.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315223023315/0001493152-23-023315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315223023315/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-023315

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