Westrock Coffee proposes up to $500M securities offering
Net proceeds are currently intended for working capital and general corporate purposes, subject to terms in an applicable offering supplement.
Sentiment and the balance of points
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Westrock Coffee Company filed a replacement shelf registration statement that, after effectiveness, would permit it to offer up to $500,000,000 of common shares, preferred shares, depositary shares, warrants, units, or combinations of these securities.
An explanatory note says the replacement registration carries forward $487,268,924.28 of unsold securities from the prior registration. Westrock would receive proceeds from sales under the prospectus, less underwriting discounts and commissions if underwriters are used, and expenses. Net proceeds are currently intended for working capital and general corporate purposes, subject to any offering-specific disclosures.
Filing Explained
The new shelf is not effective; if used for common shares, it would dilute holders, while the prior shelf remains available until May 16, 2027.
This Form S-3 is not yet effective, and Westrock says it cannot sell securities under this prospectus until it is; the stated
Until the replacement becomes effective, Westrock may continue issuing and selling unsold securities under the prior registration statement, but only until the earlier of replacement effectiveness or
Key Figures
Key Terms
shelf registration statement regulatory
Rule 415(a)(6) regulatory
liquidation preference financial
PIK Rate financial
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much can Westrock Coffee Company offer under its shelf registration?
Until when can Westrock sell under its prior registration statement?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNDER
THE SECURITIES ACT OF 1933
| |
Delaware
(State or Other Jurisdiction of
Incorporation or Organization) |
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80-0977200
(I.R.S. Employer
Identification Number) |
|
4th Floor
Little Rock, Arkansas 72212
Telephone: (501) 918-9358
4009 N. Rodney Parham Rd.
4th Floor
Little Rock, Arkansas 72212
Telephone: (501) 918-9358
Ahsan M. Barkatullah, Esq.
Wachtell, Lipton, Rosen & Katz
51 West 52nd Street
New York, New York 10019
Telephone: (212) 403-1000
From time to time after the effective date of this Registration Statement.
| | Large accelerated filer | | | ☐ | | | Accelerated filer | | | ☒ | |
| | Non-accelerated filer | | | ☐ | | | Smaller reporting company | | | ☐ | |
| | | | | | | | Emerging growth company | | | ☒ | |
Shares of Preferred Stock
Depositary Shares
Warrants
Units
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Page
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ABOUT THIS PROSPECTUS
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| | | | ii | | |
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PROSPECTUS SUMMARY
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| | | | 1 | | |
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RISK FACTORS
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| | | | 3 | | |
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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
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| | | | 4 | | |
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USE OF PROCEEDS
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| | | | 6 | | |
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DESCRIPTION OF SECURITIES
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| | | | 7 | | |
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INVESTOR RIGHTS AGREEMENT
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| | | | 17 | | |
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DESCRIPTION OF PREFERRED SHARES ISSUABLE
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| | | | 19 | | |
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DESCRIPTION OF DEPOSITARY SHARES ISSUABLE
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| | | | 20 | | |
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DESCRIPTION OF WARRANTS ISSUABLE
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| | | | 22 | | |
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DESCRIPTION OF UNITS ISSUABLE
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| | | | 23 | | |
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FORMS OF SECURITIES
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| | | | 24 | | |
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PLAN OF DISTRIBUTION
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| | | | 27 | | |
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LEGAL MATTERS
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| | | | 29 | | |
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EXPERTS
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| | | | 30 | | |
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WHERE YOU CAN FIND ADDITIONAL INFORMATION
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| | | | 31 | | |
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INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
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| | | | 32 | | |
March 10, 2026;
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Amount
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SEC registration fee
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| | | $ | 1,107.61(1) | | |
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Nasdaq Global Market fee
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| | | | (2) | | |
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FINRA filing fee
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| | | | (2) | | |
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Accounting fees and expenses
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| | | | (2) | | |
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Legal fees and expenses
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| | | | (2) | | |
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Transfer agent and registrar fees and expenses
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| | | | (2) | | |
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Printing and miscellaneous fees and expenses
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| | | | (2) | | |
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Total
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| | | | (2) | | |
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Exhibit
No. |
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Description of Exhibit
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| | 1.1† | | | Form of Underwriting Agreement | |
| | 4.1 | | | Certificate of Incorporation of Westrock Coffee Company (incorporated by reference to Exhibit 3.1 to Westrock Coffee Company’s Quarterly Report on Form 10-Q, filed on August 29, 2022) | |
| | 4.2 | | |
Bylaws of Westrock Coffee Company (incorporated by reference to Exhibit 3.2 to Westrock Coffee Company’s Quarterly Report on Form 10-Q, filed on August 29, 2022)
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| | 4.3 | | | Amended and Restated Investor Rights Agreement, dated as of June 29, 2023, by and among Westrock Coffee Company, Westrock Group, LLC, BBH Capital Partners V, L.P., BBH Capital Partners V-A, L.P., BBH CPV WCC Co-Investment LLC, Riverview Sponsor Partners, LLC and HF Direct Investments Pool, LLC (incorporated by reference to Exhibit 4.2 to Westrock Coffee Company’s Current Report on Form 8-K, filed on June 30, 2023) | |
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Exhibit
No. |
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Description of Exhibit
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| | 4.4 | | | First Amendment, dated November 5, 2024, to the Amended and Restated Investor Rights Agreement, dated as of June 29, 2023, by and among Westrock Coffee Company, Westrock Group, LLC, BBH Capital Partners V, L.P., BBH Capital Partners V-A, L.P., BBH CPV WCC Co-Investment LLC, 2023-2 R Brad Martin Grantor Retained Annuity Trust, R. Brad Martin and HF Direct Investments Pool, LLC (incorporated by reference to Exhibit 4.1 to Westrock Coffee Company’s Current Report on Form 8-K, filed on November 7, 2024) | |
| | 4.5† | | | Form of Certificate of Designation for Preferred Stock and Specimen Preferred Stock Certificate | |
| | 4.6† | | | Form of Deposit Agreement and Specimen Depositary Receipt | |
| | 4.7† | | | Form of Warrant Agreement and Specimen Warrant Certificate | |
| | 4.8† | | | Form of Unit Agreement and Specimen Unit Certificate | |
| | 5.1 | | |
Opinion of Wachtell, Lipton, Rosen & Katz
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| | 10.1 | | | Registration Rights Agreement, dated as of April 4, 2022, by and among Westrock Coffee Company and the other parties thereto (incorporated by reference to Exhibit 10.1 to the Registration Statement on Form S-4 (File No. 333-264464), initially filed on April 25, 2022 by Westrock Coffee Company) | |
| | 23.1 | | |
Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm of Westrock Coffee Company
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| | 23.2 | | |
Consent of Wachtell, Lipton, Rosen & Katz (included in Exhibit 5.1)
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| | 24.1 | | |
Power of Attorney (reference is made to the signature pages of this Form S-3)
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| | 107 | | |
Calculation of Registration Fee
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Title: Chief Legal Officer and Corporate Secretary
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Name
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Title
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Date
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/s/ Scott T. Ford
Scott T. Ford
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Chief Executive Officer and Director
(principal executive officer) |
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November 10, 2026
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/s/ T. Christopher Pledger
T. Christopher Pledger
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Chief Financial Officer
(principal financial officer) |
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November 10, 2026
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/s/ Blake Schuhmacher
Blake Schuhmacher
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Chief Accounting Officer
(principal accounting officer) |
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November 10, 2026
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/s/ Joe T. Ford
Joe T. Ford
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Chairman of the Board, Director
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November 10, 2026
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/s/ R. Patrick Kruczek
R. Patrick Kruczek
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Director
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November 10, 2026
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/s/ Hugh McColl, III
Hugh McColl, III
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Director
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November 10, 2026
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/s/ A. Wellford Tabor
A. Wellford Tabor
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Director
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November 10, 2026
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/s/ Mark Edmunds
Mark Edmunds
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Director
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November 10, 2026
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/s/ Kenneth M. Parent
Kenneth M. Parent
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Director
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November 10, 2026
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/s/ Leslie Starr
Leslie Starr
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Director
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November 10, 2026
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Name
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Title
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Date
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/s/ Oluwatoyin Umesiri
Oluwatoyin Umesiri
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Director
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November 10, 2026
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/s/ Jeffrey H. Fox
Jeffrey H. Fox
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Director
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November 10, 2026
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