Coffee Holding Co., Inc. Announces the Purchase of Assets of Empire Coffee Company
Coffee Holding Co., Inc. (JVA)
US:NASDAQ Investor Relations:
coffeeholding.com
Company Research
Source: GlobeNewswire
Staten Island, NY, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (NASDAQ: JVA) (“Coffee Holding”), a publicly traded integrated wholesale coffee roaster and dealer located in the United States announced today that it purchased all of the assets of Empire Coffee Company (“Empire”) based in Port Chester, NY. The purchase was made under Article 9 of the UCC and consists of Empire’s inventory, equipment, accounts receivable, customer list and all intellectual property. To facilitate the purchase, Coffee Holding created a new wholly owned subsidiary named Second Empire. Operations will be conducted by Second Empire. The purchase price of $800,000 was negotiated between Coffee Holding and Empire’s former lender and was paid on November 7, 2024. Coffee Holding also entered into a new lease for Empire’s property on the same day. “We have known the principals at Empire for over forty years,” said Andrew Gordon, President and CEO of Coffee Holding. “Unfortunately, Empire never f
Show less
Read more
Impact Snapshot
Event Time:
JVA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JVA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JVA alerts
High impacting Coffee Holding Co., Inc. news events
Weekly update
A roundup of the hottest topics
JVA
News
- Coffee Holding Co., Inc. (NASDAQ: JVA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Coffee Holding Co., Inc. (NASDAQ: JVA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Coffee Holding Co., Inc. (NASDAQ: JVA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Coffee Holding Co., Inc. (NASDAQ: JVA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Coffee Holding Co., Inc. (NASDAQ: JVA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
JVA
Sec Filings
- 11/12/24 - Form 8-K
- 11/1/24 - Form 8-K
- 10/16/24 - Form DEF
- JVA's page on the SEC website