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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/22/2022 | $14.00 | Outperform | Telsey Advisory Group |
| 7/22/2022 | $15.00 | Buy | The Benchmark Company |
| 7/22/2022 | $15.00 | Outperform | Telsey Advisory Group |
The Leading Coffee, Tea, Flavors, Extracts, and Ingredients Solutions Provider Raises Approximately $300 Million of Equity Capital and Accesses $350 Million of Debt Capital Westrock Coffee Company Common Stock Lists Today on the Nasdaq Under the Symbol "WEST" Westrock Coffee Company (f/k/a Westrock Coffee Holdings, LLC) (NASDAQ:WEST) ("Westrock Coffee," or "the Company") today announced the closing of its business combination transaction (the "Transaction") with Riverview Acquisition Corp. (NASDAQ:RVAC) ("RVAC" or "Riverview"). In connection with the closing of the Transaction, Westrock Coffee Holdings, LLC converted from a Delaware limited liability company to a Delaware corporation and
Riverview Acquisition Corp. (NASDAQ:RVAC, ", RVAC", or ", Riverview", ))), a publicly traded special purpose acquisition company, announced that at a stockholder special meeting held today, Riverview's stockholders voted to approve its proposed business combination with Westrock Coffee Holdings, LLC ("Westrock Coffee"), a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider. At the special meeting, a total of 24,469,389 shares of common stock, or 78.3% of Riverview's issued and outstanding shares of common stock as of August 3, 2022, the record date of the special meeting, were present either in person electronically or represented by proxy. Holders of 23,4
Closing of Merger with Riverview Scheduled On or About August 26, 2022 Grows Net Sales by 31% Compared to the Second Quarter of 2021 Shrinks Net Loss by 4% Compared to the Second Quarter of 2021 Grows Adjusted EBITDA by 19% Compared to the Second Quarter of 2021 Westrock Coffee Holdings, LLC ("Westrock Coffee" or the "Company") today reported financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights: Consolidated net sales were $223.4 million in the second quarter of 2022, an increase of $52.3 million, or 31%, from the second quarter of 2021. Net loss was $5.8 million in the second quarter of 2022, compared to a net loss of $6.1 million in the sec
4 - Riverview Acquisition Corp. (0001846136) (Issuer)
4 - Riverview Acquisition Corp. (0001846136) (Issuer)
4 - Riverview Acquisition Corp. (0001846136) (Issuer)
Telsey Advisory Group initiated coverage of Riverview Acquisition Corp. with a rating of Outperform and set a new price target of $14.00
The Benchmark Company initiated coverage of Riverview Acquisition Corp. with a rating of Buy and set a new price target of $15.00
Telsey Advisory Group initiated coverage of Riverview Acquisition Corp. with a rating of Outperform and set a new price target of $15.00
15-12G - Riverview Acquisition Corp. (0001846136) (Filer)
8-K - Riverview Acquisition Corp. (0001846136) (Filer)
425 - Riverview Acquisition Corp. (0001846136) (Subject)
Closing of Merger with Riverview Scheduled On or About August 26, 2022 Grows Net Sales by 31% Compared to the Second Quarter of 2021 Shrinks Net Loss by 4% Compared to the Second Quarter of 2021 Grows Adjusted EBITDA by 19% Compared to the Second Quarter of 2021 Westrock Coffee Holdings, LLC ("Westrock Coffee" or the "Company") today reported financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights: Consolidated net sales were $223.4 million in the second quarter of 2022, an increase of $52.3 million, or 31%, from the second quarter of 2021. Net loss was $5.8 million in the second quarter of 2022, compared to a net loss of $6.1 million in the sec
Purpose-driven company that serves the world's most iconic brands and delivers measurable global impact through sustainable sourcing, digitally traceable supply chain management, has strong financial profile and revenue growth Westrock Coffee offers a highly scalable platform and is delivering strong financial results with estimated 2022 revenue of approximately $960 million and projected adjusted EBITDA of approximately $75 million The transaction values Westrock Coffee at an enterprise value of approximately $1.086 billion at $10 per share and, assuming no redemptions by Riverview shareholders, will deliver approximately $500 million in gross cash proceeds to the combined company Th
SC 13G/A - Riverview Acquisition Corp. (0001846136) (Subject)
SC 13G - Riverview Acquisition Corp. (0001846136) (Subject)
SC 13G - Riverview Acquisition Corp. (0001846136) (Subject)