Westrock Coffee Company Announces Additional $25 Million Equity Investment

Westrock Coffee Company Announces Additional $25 Million Equity Investment

July 18, 2023

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July 18, 2023

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Incremental to the Previously Announced $75.0 Million Equity Investment to Support Long-term Growth Strategy

 

LITTLE ROCK, Ark., July 18, 2023 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) (“Westrock Coffee” or the “Company”) today announced that it has entered into a definitive agreement with the Arkansas Teacher Retirement System (“ARTRS”) to make an aggregate investment of $25 million in the Company through the purchase of 2,500,000 shares of Company common stock at a price of $10.00 per share. This announcement represents an incremental investment over and above the $75 million equity investment the Company previously announced on June 30, 2023.

The full release is available here. 

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