secwatch.observer — SEC 8-K summary
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Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001493152-24-024882
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coffee Holding terminates merger with Delta Corp; moves forward as independent company
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- Terminated Merger Agreement with Delta Corp Holdings Limited, originally announced Sept 2022; no early termination penalties.
- Shareholder vote to approve merger in April 2024 was unsuccessful; board elected to terminate.
- Extending credit agreement with Webster Bank to address going concern; CEO cites renewed growth strategy.
- Secured production agreements with largest Northeast retailer and two-year deal with major U.S. national retail chain.
- Recent quarterly loss of $0.02 per share improved from Q2 FY2023; expects price increases to offset London Robusta surge.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315224024882/0001493152-24-024882-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315224024882/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-024882

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