IPO - Reborn Coffee, Inc.
Form Type: S-1
Filing Date: 2025-04-10
Corporate Action: Ipo
Type: New
Accession Number: 000121390025030723
Filing Summary: Reborn Coffee, Inc. is registering a total of 6,667,949 shares of its common stock for resale by selling stockholders. This registration statement has been filed with the SEC as part of the company’s initial public offering process, having previously launched in August 2022. The prospectus outlines details related to ongoing agreements such as the ELOC Purchase Agreement, which allows the ELOC Investor to purchase up to $50,000,000 in shares. The shares being offered consist of those under these agreements which notably include additional commitment fee shares and warrants as part of capital raising efforts. As of the filing date, the last reported closing price of the Common Stock was $3.43, and the document emphasizes potential market risks related to significant selling of stocks. Reborn Coffee is categorized as a smaller reporting company and claims an innovative approach to specialty coffee with its unique processing methods, aiming to capture growth in the premium sector of the coffee market.
Document Link: View Document
Additional details:
Number Of Shares Registered: 6667949
Common Stock Price: 3.43
Cik: 1564325
Market For Common Stock: Nasdaq
Symbol: REBN
Number Of Common Shares Outstanding: 4568508
Debentures Principal Amount: 10000000
Interest Rate Debentures: 10%
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