Reborn Coffee raises $21M in two-stage private placement at $2.00 per share

Filed May 5, 2026 · Period ending April 29, 2026 · ~1 min read

Key Changes

• high

  Company agreed to sell 10.5M shares total for $21M gross proceeds to offshore investors at $2.00/share in two closings; first closing of $2.8M (1.4M shares) pending Nasdaq clearance, second closing of $18.2M (9.1M shares) requires shareholder vote.

  Item 1.01 verify on EDGAR →
• high

  Second closing representing 86% of the deal ($18.2M) is contingent on stockholder approval, creating execution risk if shareholders reject the transaction or fail to provide sufficient votes.

  Item 3.02 verify on EDGAR →
• high

  Company disclosed uncertainty about maintaining Nasdaq listing as a risk factor, suggesting potential compliance issues or that the share issuance size may trigger exchange concerns.

  Item 3.02 verify on EDGAR →