Reborn Coffee Inc. has announced the completion of a private placement and unregistered sale of shares as part of its efforts to regain compliance with Nasdaq’s Stockholders’ Equity Requirement. Under a Securities Subscription Agreement with accredited investor Charles Jeong, the company issued 1,192,661 shares of common stock for gross proceeds of $6,500,000, priced at $5.45 per share. Additionally, Reborn Coffee entered into a warrant exchange and termination agreement with Arena Investors, issuing 185,771 shares of common stock in exchange for the cancellation of outstanding warrants, thereby eliminating an estimated $1,308,194 of derivative liability. The shares were issued pursuant to exemptions from registration under the Securities Act.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reborn Coffee Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-000873), on January 05, 2026, and is solely responsible for the information contained therein.
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