Reborn Coffee announces private placement of 10,500,000 shares for USD 21 million

PUBT·05/05/2026 19:47:18

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Reborn Coffee entered securities purchase agreement on April 29, 2026 to sell common stock in private placement for up to USD 21 million in gross proceeds.
First closing set for 1,400,000 shares at USD 2 per share for USD 2.8 million, contingent on no objections from Nasdaq to listing notification.
Second closing covers up to 9,100,000 shares at USD 2 per share for up to USD 18.2 million, subject to required stockholder approvals.
Proceeds earmarked for store expansion, brand development, working capital, multi-channel distribution growth.

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: 0001213900-26-052154), on May 05, 2026, and is solely responsible for the information contained therein.

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