Westrock Coffee Holdings, LLC ("Westrock Coffee" or the
"Company"), a leading integrated coffee, tea, flavors, extracts,
and ingredients solutions provider to the retail, foodservice and
restaurant, convenience store and travel center, CPG,
non-commercial and hospitality industries, announced today that
Scott Ford, co-founder and chief executive officer, and Chris
Pledger, chief financial officer, along with other members of the
senior management team will host a Virtual Investor Day on
Wednesday, June 29, 2022 at 10 a.m. EDT. The Westrock Coffee
team will also be joined by Brad Martin, chief executive officer of
Riverview Acquisition Corp.
To register for the event, please click here. A link to
the webcast will be available on the Westrock Coffee investor
relations website at https://westrockcoffee.com/pages/investors. A
replay will be available following the event.
Westrock Coffee previously announced it entered into a business
combination agreement with Riverview Acquisition Corp. (Nasdaq:
RVAC). The transaction is expected to close in the third quarter of
2022, and it is anticipated that the Company will retain the
Westrock Coffee name and be listed on Nasdaq under the ticker
symbol "WEST".
About Westrock Coffee
Westrock Coffee Holdings, LLC is a leading integrated coffee,
tea, flavors, extracts, and ingredients solutions provider in the
U.S., providing coffee sourcing, supply chain management, product
development, roasting, packaging, and distribution services to the
retail, food service and restaurant, convenience store and travel
center, CPG, non-commercial and hospitality industries around the
world. With offices in 10 countries, the company sources coffee and
tea from 35 origin countries.
About Riverview Acquisition Corporation
Riverview Acquisition Corp. is a blank check company formed for
the purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. Management is led by Chief
Executive Officer R. Brad Martin, President Charles K. Slatery, and
Chief Financial Officer Will Thompson.
Additional Information and Where to Find It
In connection with the proposed transaction, Westrock Coffee has
filed with the Securities and Exchange Commission ("SEC") a
registration statement on Form S-4 that includes a proxy statement
of Riverview and a prospectus of Westrock Coffee, as well as other
relevant documents concerning the proposed transaction. INVESTORS,
SECURITY HOLDERS AND OTHER INTERESTED PERSONS ARE URGED TO READ THE
REGISTRATION STATEMENT AND THE PROXY STATEMENT/PROSPECTUS REGARDING
THE TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE
UNITED STATES SECURITIES AND EXCHANGE COMMISSION, AS WELL AS ANY
AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN
OR WILL CONTAIN IMPORTANT INFORMATION. The definitive proxy
statement / prospectus will be mailed to stockholders of Riverview
as of a record date to be established for voting on the proposed
transaction. Riverview stockholders may obtain a free copy of the
definitive proxy statement/prospectus, when available, as well as
other filings containing information about Westrock Coffee and
Riverview, without charge, at the SEC’s website
(http://www.sec.gov). When available, copies of the proxy
statement/prospectus can also be obtained, without charge, by
directing a request to Riverview Acquisition Corp., 510 South
Mendenhall Road, Suite 200, Memphis, TN 38117, (901) 767-5576.
Participants in Solicitation
Riverview and its directors and executive officers may be deemed
participants in the solicitation of proxies from Riverview’s
stockholders with respect to the proposed business combination. A
list of the names of those directors and executive officers and a
description of their interests in Riverview is contained in
Westrock Coffee's registration statement on Form S-4, filed on June
10, 2022, with the SEC, which is available free of charge at the
SEC’s website at www.sec.gov.
The Company and its directors and executive officers may also be
deemed to be participants in the solicitation of proxies from the
stockholders of Riverview in connection with the proposed business
combination. A list of the names of such directors and executive
officers and information regarding their interests in the proposed
business combination is included in the proxy statement/prospectus
for the proposed business combination that Westrock Coffee has
filed with the SEC.
No Offer or Solicitation
This communication does not constitute (i) a solicitation of a
proxy, consent, or authorization with respect to any securities or
in respect of the business combination or (ii) an offer to sell, a
solicitation of an offer to buy, or a recommendation to purchase,
any securities of Westrock Coffee, Riverview, the combined company
or any of their respective affiliates. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended, or an exemption therefrom, nor shall any sale of
securities in any states or jurisdictions in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction be
affected. No securities commission or securities regulatory
authority in the United States or any other jurisdiction has in any
way passed upon the merits of the business combination or the
accuracy or adequacy of this communication.
Forward Looking Statements
Certain statements included in this communication that are not
historical facts are forward-looking statements. Forward-looking
statements generally are accompanied by words such as "believe,"
"may," "will," "estimate," "continue," "anticipate," "intend,"
"expect", "should," "would," "plan," "predict,” "potential,"
"seem," "seek," "future," "outlook," and similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
include, but are not limited to, certain plans, expectations,
goals, projections, and statements about the future operating and
financial performance of Westrock Coffee, benefits of the proposed
transaction, the plans, objections, expectations, and intentions of
Westrock Coffee and Riverview, the expected timing of completion of
the transaction, and other statements that are not historical
facts. These statements are based on information available to
Westrock Coffee and Riverview as of the date hereof and neither
Westrock Coffee nor Riverview is under any duty to update any of
the forward-looking statements after the date of this Presentation
to conform these statements to actual results. These statements are
based on various assumptions, whether or not identified in this
communication, and on the current expectations of the respective
management of Westrock Coffee and Riverview as of the date hereof
and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as and should not be relied on
by an investor or others as, a guarantee, an assurance, a
prediction, or a definitive statement of fact or probability.
Actual events and circumstances are difficult or impossible to
predict and will differ from assumptions. Many actual events and
circumstances are beyond the control of Westrock Coffee and
Riverview. These forward-looking statements are subject to a number
of risks and uncertainties, including, but not limited to, changes
in domestic and foreign business, market, financial, political, and
legal conditions; the inability of the parties to successfully or
timely consummate the proposed transaction, including the risk that
any regulatory approvals or the SEC’s declaration of the
effectiveness of our prospectus/proxy statement are not obtained,
are delayed or are subject to unanticipated conditions that could
adversely affect the combined company or the expected benefits of
the proposed transaction or that the approval of the requisite
equity holders of Riverview is not obtained; failure to realize the
anticipated benefits of the proposed transaction; risks relating to
the uncertainty of the projected financial information with respect
to Westrock Coffee; risks related to the rollout of Westrock
Coffee's business and the timing of expected business milestones;
the effects of competition on Westrock Coffee's business; the
amount of redemption requests made by Riverview's stockholders; the
ability of Riverview or Westrock Coffee to issue equity or
equity-linked securities or obtain debt financing in connection
with the proposed transaction or in the future; and those factors
discussed in Riverview's final prospectus dated August 8, 2021,
Riverview's annual report on Form 10-K for the year ended December
31, 2021, Riverview’s quarterly report on Form 10-Q for the three
months ended March 31, 2022, Westrock Coffee’s registration
statement on Form S-4 filed on June 10, 2022, in each case, under
the heading "Risk Factors", and other documents Riverview or
Westrock Coffee has filed, or will file, with the SEC. If any of
these risks materialize or our assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that
neither Riverview nor Westrock Coffee presently know, or that
Riverview or Westrock Coffee currently believe are immaterial, that
could also cause actual results to differ from those contained in
the forward-looking statements. In addition, the forward-looking
statements reflect Riverview's and Westrock Coffee's expectations,
plans, or forecasts of future events and views as of the date of
this communication. Riverview and Westrock Coffee anticipate that
subsequent events and developments will cause Riverview's and
Westrock Coffee's assessments to change. However, while Riverview
and Westrock Coffee may elect to update these forward-looking
statements at some point in the future, Riverview and Westrock
Coffee specifically disclaim any obligation to do so. These
forward-looking statements should not be relied upon as a
representation of Riverview's and Westrock Coffee's assessments as
of any date subsequent to the date of this communication.
Accordingly, undue reliance should not be placed upon the
forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220621005509/en/
Media:
ICR for Westrock: Westrock@icrinc.com
Investor Relations:
ICR for Westrock: WestrockIR@icrinc.com
Riverview Acquisition (NASDAQ:RVAC)
Historical Stock Chart
From Sep 2024 to Oct 2024
Riverview Acquisition (NASDAQ:RVAC)
Historical Stock Chart
From Oct 2023 to Oct 2024