0000950170-24-017897.txt : 20240221
0000950170-24-017897.hdr.sgml : 20240221
20240221160520
ACCESSION NUMBER: 0000950170-24-017897
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240215
FILED AS OF DATE: 20240221
DATE AS OF CHANGE: 20240221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HF Direct Investments Pool, LLC
CENTRAL INDEX KEY: 0001873304
ORGANIZATION NAME:
STATE OF INCORPORATION: TN
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41485
FILM NUMBER: 24659356
BUSINESS ADDRESS:
STREET 1: 502 UNION AVENUE
CITY: KNOXVILLE
STATE: TN
ZIP: 37919
BUSINESS PHONE: 8655844040
MAIL ADDRESS:
STREET 1: 502 UNION AVENUE
CITY: KNOXVILLE
STATE: TN
ZIP: 37919
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Westrock Coffee Co
CENTRAL INDEX KEY: 0001806347
STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 264767812
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4009 N. RODNEY PARHAM RD.
STREET 2: 3RD FLOOR
CITY: LITTLE ROCK
STATE: AR
ZIP: 72212
BUSINESS PHONE: (501) 320-4880
MAIL ADDRESS:
STREET 1: 4009 N. RODNEY PARHAM RD.
STREET 2: 3RD FLOOR
CITY: LITTLE ROCK
STATE: AR
ZIP: 72212
FORMER COMPANY:
FORMER CONFORMED NAME: Westrock Coffee Holdings, LLC
DATE OF NAME CHANGE: 20200311
4
1
ownership.xml
4
X0508
4
2024-02-15
0001806347
Westrock Coffee Co
WEST
0001873304
HF Direct Investments Pool, LLC
510 UNION AVENUE
KNOXVILLE
TN
37902
false
false
true
false
false
5% Convertible Notes due 2029
2024-02-15
4
P
false
25000000
25000000
A
2024-08-15
2029-02-15
Common Stock
25000000
25000000
D
Holders of the issuer's 5% convertible notes due 2029 (the "convertible notes") may voluntarily convert their convertible notes in denominations of $1,000 (i) during the period commencing on August 15, 2024, and prior to the close of business on the trading day immediately preceding August 15, 2028, if the closing price of the issuer's common stock for at least 20 trading days (whether or not consecutive) during the period of any 30 consecutive trading days in the immediately preceding calendar quarter is equal to or greater than 130% of the conversion price; (ii) during the period commencing on August 15, 2028, and prior to the close of business on the second scheduled trading day immediately preceding February 15, 2029, at any time; and (iii) during the 35 trading days following the effective date of certain fundamental change transactions that occur prior to the close of business on the trading day immediately preceding August 15, 2028.
Conversions of the convertible notes will be settled, at the issuer's election, in cash, shares of the issuer's common stock or a combination thereof. The initial conversion price of the convertible notes is $12.84, which corresponds to an initial conversion rate of 77.88 shares of issuer common stock per $1,000 principal amount of convertible notes. The conversion price and conversion rate are subject to customary adjustments and the issuer may not issue more than 19.99% of the issued and outstanding common stock immediately prior to the issuance of the convertible notes in respect of the conversion of the convertible notes.
s/ Todd B. Skelton, by Power of Attorney, for HF Direct Investments Pool, LLC
2024-02-21