Vita Coco Enters Material Definitive Agreement

TL;DR

Vita Coco just signed a big deal, details TBD.

AI Summary

The Vita Coco Company, Inc. entered into a material definitive agreement on March 8, 2024. The filing does not disclose the specific details of this agreement, only that it is a significant event requiring an 8-K filing.

Why It Matters

This filing indicates a significant new contract or partnership for Vita Coco, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the agreement.

Key Players & Entities

• The Vita Coco Company, Inc. (company) — Registrant
• March 8, 2024 (date) — Date of earliest event reported
• 250 Park Avenue South Seventh Floor New York, New York 10003 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ge on which registered Common Stock, $0.01 par value per share COCO The Nasdaq

Filing Documents

• coco-20240308.htm (8-K) — 26KB
• 0001482981-24-000032.txt ( ) — 163KB
• coco-20240308.xsd (EX-101.SCH) — 2KB
• coco-20240308_def.xml (EX-101.DEF) — 3KB
• coco-20240308_lab.xml (EX-101.LAB) — 25KB
• coco-20240308_pre.xml (EX-101.PRE) — 15KB
• coco-20240308_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On March 8, 2024, All Market Singapore PTE Ltd., a wholly owned subsidiary of The Vita Coco Company, Inc. (the "Company"), entered into a Manufacturing and Purchasing Agreement (the "Manufacturing Agreement") with Century Pacific Food, Inc. ("Century Pacific"). The Company has an existing relationship with an affiliate of Century Pacific for the manufacture of various Company products in accordance with the terms of that certain Manufacturing and Purchasing Agreement, dated as of September 17, 2012, which is filed as Exhibit 10.14 to the Company's Registration Statement on Form S-1 filed with the Securities and Exchange Commission on September 27, 2021. The Manufacturing Agreement expands the Company's existing relationship with Century Pacific to include, among other things, the production of the Company's products at an additional manufacturing facility. The Manufacturing Agreement has an initial term that commenced on March 8, 2024 and continues until the last day of the sixth full calendar year from the date of first delivery of the Company's products under the agreement unless an extension is mutually agreed by the parties. Pursuant to the Manufacturing Agreement, Century Pacific will take all reasonable commercial steps to begin production on the Company's products on or before the first fiscal quarter of 2025, including building a new manufacturing facility at its own cost. Century Pacific will provide the raw materials and packaging required for production, and the Company will provide necessary training and technology for production. In exchange, the Company commits to purchase a minimum volume of product at prices set annually over the term of the Manufacturing Agreement. The minimum volume may be adjusted annually but cannot be lower than the required minimum volume. The Manufacturing Agreement also contains a penalty if the Company has failed to order, or Century Pacific has failed to supply, the

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE VITA COCO COMPANY, INC. Date: March 14, 2024 By: /s/ Martin Roper Name: Martin Roper Title: Chief Executive Officer