Delta Corp: Advances Merger with Coffee Holding

Staten Island / NY. (chc) Coffee Holding Company Inc., a publicly traded integrated wholesale coffee roaster and dealer located in the United States, and Delta Corp Holdings Limited, a privately held holding company engaged in logistics, fuel supply and asset management related services, primarily servicing the international supply chains of commodity, energy and capital goods producers, announced the confidential submission with the U.S. Securities and Exchange Commission (SEC) of a draft registration statement on Form F-4.

On September 30, 2022, Coffee Holding entered into a merger and share exchange agreement, dated September 29, 2022, with Delta, whereby Coffee Holding and Delta will each become wholly owned subsidiaries of Delta Corp Holdings Limited, a newly created holding company incorporated under the laws of the Cayman Islands («Pubco»). The closing of the transactions contemplated by the definitive agreement is subject to certain conditions, including, without limitation, the approval of the stockholders of Coffee Holding and the approval of the listing of the ordinary shares of Pubco on the Nasdaq Stock Market. Delta shareholders will become the majority shareholders of Pubco following these transactions.

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