M&A
confidence high
sentiment neutral
materiality 0.50
Coffee Holding extends merger outside date with Delta Corp to April 1, 2024
COFFEE HOLDING CO INC
- Amendment No. 2 to Merger and Share Exchange Agreement extends Outside Date from Dec 31, 2023 to Apr 1, 2024.
- Other minor amendments include changes to recitals, Section 7.7 (securities restrictions), and Section 10.4 (termination provision).
- Merger would result in CHC becoming wholly owned subsidiary of Pubco; shareholders receive Pubco securities.
- All other terms of the Original Agreement, as previously amended, remain unchanged.