Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RVAC | Common Stock | Conversion of derivative security | +4.93M | 4.93M | Aug 26, 2022 | See Footnote | F1 | |||
transaction | RVAC | Common Stock | Other | -616K | -12.51% | 4.31M | Aug 26, 2022 | See Footnote | F2 | ||
transaction | RVAC | Common Stock | Other | $17M | +1.7M | +39.45% | $10.00 | 6.01M | Aug 26, 2022 | Direct | |
transaction | RVAC | Common Stock | Other | $5M | +500K | +8.32% | $10.00 | 6.51M | Aug 26, 2022 | See Footnote | F3 |
transaction | RVAC | Common Stock | Other | -6.51M | -100% | 0 | Aug 26, 2022 | See Footnote | F4, F5 |
R. Brad Martin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | These shares of common stock were acquired upon the automatic conversion into shares of the Issuer's common stock at the time of the business combination. Such shares are held directly by Riverview Sponsor Partners, LLC (the "Sponsor"). R. Brad Martin, the Chairman and Chief Executive Officer of the registrant, is the managing member of RBM Riverview, LLC, which is the managing member of the Sponsor. Mr. Martin has sole voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. Mr. Martin disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest. |
F2 | These shares of common stock were transferred at a price of $0.004 per share, pursuant to promote participation agreements, each dated as of April 4, 2022, by and among the Issuer, Riverview Sponsor Partners, LLC, and certain other entities party thereto. |
F3 | These shares of common stock were acquired pursuant to a subscription agreement, dated as of April 4, 2022, by and between the Issuer, the Sponsor, and RBM Investments, LLC, over which Mr. Martin may be deemed to exercise voting and investment control. |
F4 | The reporting person resigned as a director and an officer of the issuer and disposed of all issuer equity securities effective as of the consummation of the business combination and ceased to be a reporting person with respect to the issuer. |
F5 | Pursuant to the Transaction Agreement, by and among Riverview, Westrock Coffee Holdings, LLC, a Delaware limited liability company ("Westrock"), Origin Merger Sub I, Inc., a Delaware corporation and a wholly-owned subsidiary of Westrock and Origin Merger Sub II, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Westrock, dated April 4, 2022, each issued and outstanding share of the Issuer's common stock automatically converted into the right to receive Westrock common stock on a one-to-one basis. |