Mudit Paliwal-led Delta Corp Holdings is finally pressing ahead with a NASDAQ listing via a merger with an existing listed company, Coffee Holding, a wholesale coffee roaster and dealer.
Originally planned for Q1 this year, Delta Corp has now put its merger plan into action with the closing of the transactions still subject to certain conditions.
Delta, founded four years ago, describes itself is a fully integrated global business engaged in logistics, fuel supply and asset management related services, primarily servicing the international supply chains of commodity, energy, and capital goods producers. Paliwal had said earlier some of the cash raised would be used to assist in shipping’s green transition.
