secwatch.observer — SEC 8-K summary
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Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001493152-24-044577
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coffee Holding buys Empire Coffee assets for $800k; creates Second Empire subsidiary
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- Paid $800k for Empire's inventory, equipment, AR, customer list, and IP; paid Nov 7, 2024.
- Created wholly owned subsidiary Second Empire to operate the Port Chester facility.
- CEO says deal represents ~$0.60 on the dollar of true asset value.
- Expects immediate manufacturing and cost savings; plans to return to pre-Covid revenue.
- Entered new lease for Empire's property on same day.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315224044577/0001493152-24-044577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315224044577/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-044577

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