Westrock Coffee Company announced the expiration and results of its previously announced exchange offer and consent solicitation relating to its outstanding public warrants to purchase shares of common stock of the Company, par value $0.01 per share, which warrants trade on The Nasdaq Global Market under the symbol “WESTW”, an private placement warrants to purchase common shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern Time, on September 26, 2024. The Company has been advised that as of the Expiration Date, 16,676,541 outstanding public warrants were validly tendered and not validly withdrawn in the Offer and Consent Solicitation, representing approximately 97.42% of the public warrants and (y) 2,026,046 outstanding private placement warrants were validly tendered and not validly withdrawn in the Offer and Consent Solicitation, representing 100% of the private placement warrants. The Company expects to accept all validly tendered warrants for exchange and settlement on or about September 30, 2024.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WEST: