Reborn Coffee, Inc. — Form 8-K Summary
Report date: September 16, 2026. The filing was signed September 22, 2026. The report concerns Nasdaq continued-listing compliance and does not provide quarterly operating results beyond stockholders’ equity reported in the June 30, 2026 Form 10-Q.
Business Context and Reporting Period
Reborn Coffee, Inc. is a Delaware corporation headquartered in Brea, California. Its common stock trades on the Nasdaq Capital Market under the symbol REBN.
Key Financial and Listing Metrics
- Stockholders’ equity as of June 30, 2026: $735,642.
- Nasdaq minimum stockholders’ equity requirement: $2,500,000.
- Equity shortfall relative to the requirement: $1,764,358.
- The filing does not provide clear values for revenue, net income, operating margin, cash flow, debt, cash balances, or liquidity.
- The company also does not currently meet Nasdaq’s alternative compliance standards based on market value of listed securities or net income from continuing operations.
Material Changes and Nasdaq Status
- Nasdaq previously notified the company that it was not compliant with Listing Rule 5250(c)(1) because its June 30, 2026 Form 10-Q had not been filed.
- After the company filed the June 30 Form 10-Q on September 14, 2026, Nasdaq determined on September 16 that the periodic filing deficiency was cured and closed that matter.
- Separately, Nasdaq notified the company on September 16 that it was not compliant with Listing Rule 5550(b)(1), which requires at least $2.5 million of stockholders’ equity, based on the $735,642 reported in the Form 10-Q.
- The delisting notice has no immediate effect on the listing of the company’s common stock.
Outlook, Risks, and Contingencies
- The company has 45 calendar days, through November 2, 2026, to submit a plan to regain compliance.
- If Nasdaq accepts the plan, Nasdaq may grant an extension of up to 180 calendar days from the date of the notice to regain compliance.
- The company is evaluating actions to restore compliance and intends to submit a plan timely.
- There is no assurance that Nasdaq will accept the plan or that the company will regain and maintain Nasdaq listing compliance.
- If the plan is rejected, the company may appeal to a Nasdaq Hearings Panel.
- Forward-looking statements regarding compliance efforts and potential extensions are subject to risks and uncertainties described in the company’s SEC filings.
Investor Verification Items
- Review the June 30, 2026 Form 10-Q for the company’s complete balance sheet, liquidity position, debt, operating results, and any going-concern disclosures.
- Monitor the company’s Nasdaq compliance plan and Nasdaq’s decision on whether to accept it.
- Verify whether the company raises capital, restructures obligations, or takes other actions to increase stockholders’ equity.
- Confirm any subsequent Nasdaq notices, hearings, extensions, or delisting determinations.
- Assess the risk that continued equity deficiencies could result in suspension or delisting from Nasdaq.