Reborn Coffee shareholders consent to issue up to 10,500,000 shares at $2 for $21 million private placement

• Board-led written consent process cleared a private placement of up to 10,500,000 common shares at USD 2 per share, targeting USD 21 million.
• Majority stockholder written consent dated May 6, 2026 backed issuance of 20% or more of outstanding common stock under Nasdaq rules.
• Offering structured in two closings: 1,400,000 shares for USD 2.8 million first; up to 9,100,000 shares for USD 18.2 million second.
• Proceeds earmarked for flagship store expansion, brand development, working capital, distribution growth, supply chain, and operational scaling.

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: 0001213900-26-060971), on May 26, 2026, and is solely responsible for the information contained therein.