IPO - Reborn Coffee, Inc.
Form Type: 424B4
Filing Date: 2025-04-21
Corporate Action: Ipo
Type: New
Accession Number: 000121390025033773
Filing Summary: Reborn Coffee, Inc. filed a prospectus related to the resale of up to 6,667,949 shares of its common stock by selling securityholders. The shares consist of those to be issued under two agreements: an ELOC Purchase Agreement with Arena Business Solutions Global SPC II, which allows Reborn to direct the purchase of up to $50 million in common stock, and a Debenture Agreement for issuing secured convertible debentures totaling up to $10 million. The prospectus highlights Reborn's transformation into a leading specialty coffee provider, emphasizing its innovative processes, substantial retail presence across California, Korea, and Malaysia, and recent achievements in quality and award recognition. They've also implemented a successful initial public offering of 1,440,000 shares at $5.00 per share in August 2022, with plans for franchise expansions in 2025 and a focus on enhancing brand awareness across multiple sales channels.
Additional details:
Common Stock Issued: 6,667,949
Eloc Investor: Arena Business Solutions Global SPC II, LTD
Debenture Principal Amount: up to $10,000,000
Ipo Shares: 1,440,000
Ipo Price Per Share: $5.00
Last Reported Closing Price: $3.43
Shares Outstanding: 4,568,508
Committed Fee Shares: 1,500,000
Form Type: CORRESP
Filing Date: 2025-04-15
Corporate Action: Ipo
Type: New
Accession Number: 000121390025031830
Filing Summary: Reborn Coffee, Inc. has submitted a request for the declaration of effectiveness of its registration statement on Form S-1, which is aimed at an initial public offering (IPO) of its shares. The company requests that the registration statement be declared effective at 9:00 a.m. Eastern Time on April 17, 2025, or as soon thereafter as practical. The document includes acknowledgements regarding the responsibilities under the Securities Act of 1933, indicating that the effectiveness declaration does not relieve the company of its responsibilities regarding the adequacy and accuracy of disclosure in the registration statement. Legal contact information is provided for further inquiries.
Additional details:
Registration Statement File No: 333-286468
Effective Date Request: 2025-04-17T09:00:00-04:00
Contact Person: Matthew Ogurick
Contact Person Phone: 212-326-0243
Form Type: CORRESP
Filing Date: 2025-04-14
Corporate Action: Ipo
Type: New
Accession Number: 000121390025031654
Filing Summary: Reborn Coffee, Inc. has requested the Securities and Exchange Commission to declare its Registration Statement on Form S-1 effective on April 16, 2025, at 5:45 p.m. Eastern Time. The request is compliant with Rule 461 of the General Rules and Regulations under the Securities Act of 1933. The company acknowledges that the effectiveness of the Registration Statement does not prevent the Commission from taking any further actions regarding it and does not absolve the company from its responsibilities for the accuracy of the disclosures. The legal counsel for the company, Mr. Matthew Ogurick, is available for any further inquiries regarding this application.
Additional details:
Registration Statement: File No. 333-286468
Effective Date: 2025-04-16T17:45:00-04:00
CEO Name: Jay Kim
Legal Counsel Name: Matthew Ogurick
Legal Counsel Firm: Pryor Cashman LLP
Legal Counsel Contact: (212) 326-0243
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.
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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