Coffee Holding Co., Inc. Announces Amendment to Loan Agreement with Webster Bank

Key Points Investors Should Know

• Material Amendment to Loan Agreement: Coffee Holding Co., Inc. (“the Company”) has entered into a significant amendment to its existing loan agreement with Webster Bank, NA. This amendment could impact the Company’s liquidity, debt obligations, and overall financial flexibility.
• Maturity Date Extended: The amendment specifies that the Revolving Credit Facility will now mature and terminate on December 28, 2026. If this date falls on a non-business day, the due date will be extended to the next business day, and interest and fees will be calculated accordingly.
• Direct Financial Obligation: As of March 4, 2026, this amendment constitutes a direct financial obligation for the Company, impacting its liabilities and potentially its financial ratios and risk profile.
• Price-Sensitive Nature: Modifications to credit facilities are typically considered material and may impact share price, as they affect the Company’s access to capital and its ability to execute growth strategies or weather operational challenges.
• Shareholder Reporting Compliance: The Company has not indicated any written communications, soliciting materials, or pre-commencement tender offers in connection with this amendment. The filing is strictly a material event report as required under Section 13 or 15(d) of the Securities Exchange Act of 1934.
• Not an Emerging Growth Company: The Company has confirmed it is not an emerging growth company, meaning it is subject to full SEC reporting requirements and does not benefit from certain reduced compliance provisions.
• Principal Exchange: The Company’s common stock (trading symbol: JVA) continues to be listed on The Nasdaq Stock Market LLC.

Details of the Amendment

The filing describes the following key modification under Article II – Modification to the Loan Agreement:
Section 2.1 Modification: Effective as of the date of this modification, the existing loan agreement is amended so that the Revolving Credit Facility shall mature and terminate on December 28, 2026. Should this date fall on a non-business day, payment is extended to the next business day, with interest and fees computed accordingly.

Article III – Conditions of Effectiveness: The amendment becomes effective once all specified conditions precedent are satisfied. This section implies there may be additional undisclosed requirements or deliverables that must be met for the amendment to take effect.

Article IV – Representations and Warranties: The Company affirms standard representations and warranties, which are customary in such amendments to assure the bank of the Company’s compliance and standing.

Bank/Lender: The amendment is executed with Webster Bank, NA, with Jason C. Rosenberg as the signatory for the bank.

Potential Impact on Shareholders and Share Price

• Liquidity and Financial Flexibility: The extension of the maturity date for the Revolving Credit Facility provides the Company with additional time to utilize the credit line. This could be positive for liquidity management and support ongoing operations or strategic initiatives.
• Financial Obligations: By extending the debt maturity, the Company avoids near-term refinancing risk, but shareholders should monitor any changes in borrowing costs, covenants, or other terms that could affect future earnings or solvency.
• No Indication of Distress: There is no indication in the filing of default, financial distress, or adverse credit terms. However, any amendment to primary lending facilities is inherently significant and may be interpreted by the market as a signal regarding the Company’s capital needs or lender confidence.

Other Relevant Information

• Company Information: Coffee Holding Co., Inc. is incorporated in Nevada, with its principal executive office at 3475 Victory Blvd, Staten Island, NY 10314. The Company’s common stock is traded under the symbol JVA on Nasdaq.
• Compliance: The Company continues to comply with all SEC reporting obligations and has attached the full amendment as Exhibit 10.1 for further reference.

Conclusion

This amendment to the Company’s credit facility is a material event that has the potential to impact share price by improving the Company’s financial flexibility and extending its access to credit. Investors should review the attached exhibit for full terms and monitor subsequent filings for any indication of changing financial conditions or additional amendments.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Investors should review all official filings and consult their financial advisors before making investment decisions regarding Coffee Holding Co., Inc. The author and publisher are not responsible for investment actions taken based on this article.

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