secwatch.observer — SEC 8-K summary
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Issuer:     Reborn Coffee, Inc. (REBN)
CIK:        0001707910
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001213900-24-003761
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reborn Coffee secures $1M from Chairman, 1-for-8 reverse split, KIB MOU reduced to $2M
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- Chairman Farooq Arjomand invests $1M via 1,666,667 shares at $0.60/share in private placement for working capital.
- 1-for-8 reverse stock split effective Jan 22, 2024; fractional shares rounded up to whole shares.
- Non-binding MOU with KIB Plug Energy Korea reduced from $5M to $2M; no definitive agreement signed.
- Flagship store opened in Malaysia; planned expansion into Dubai.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707910/000121390024003761/0001213900-24-003761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707910/000121390024003761/ea191660-8k_reborncoffee.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-003761

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer