secwatch.observer — SEC 8-K summary
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Issuer:     Reborn Coffee, Inc. (REBN)
CIK:        0001707910
Form:       8-K
Filed at:   2024-01-10T23:59:59+00:00
Accession:  0001213900-24-002653
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Reborn Coffee receives Nasdaq warning for failure to hold annual meeting; multiple non-compliance issues persist
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- Received Nasdaq letter on Jan 4, 2024 citing failure to hold 2023 annual meeting as additional basis for delisting consideration.
- Previously disclosed non-compliance with $1.00 minimum bid price rule (Rule 5550(a)(2)) and $2.5M minimum stockholders' equity (Rule 5550(b)(1)).
- Company has submitted a plan of compliance; no assurance that Nasdaq will accept the plan or not delist the stock.
- Notification has no immediate effect on listing, but the company faces potential delisting from the Nasdaq Capital Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707910/000121390024002653/0001213900-24-002653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707910/000121390024002653/ea191469-8k_reborncoffee.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-002653

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