Reborn Coffee, Inc. (REBN): Nasdaq/NYSE listing notice — Nasdaq grants Reborn Coffee extension to stay listed through March 29, 2024

Reborn Coffee, Inc.

Company had deficiencies in bid price, equity, and annual meeting requirements.
Reverse stock split (1-for-8) completed Jan 22; bid price now above $1.00 for 10 days.
Must complete equity financings and hold annual meeting in Q1 2024 to remain listed.
Panel's extension is subject to conditions; no assurance of continued compliance.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.92

Reborn Coffee, Inc. received a nasdaq hearing update notice regarding other (rules 5550(a)(2), 5550(b), 5620(a)).

Exchange: nasdaq
Notice: hearing update
Rules: 5550(a)(2), 5550(b), 5620(a)

Exact text from the filing

February 2, 2024, the Company received a letter (the “Letter”) from Nasdaq notifying the Company that the Panel had granted the Company’s request to continue its listing on Nasdaq until March 29, 2024, subject to certain conditions. The Company intends to comply with the conditions set forth by the Panel, as stated in the Letter. There can be no assurance that the Panel will afford the Company more time to complete the compliance plan it articulated in the hearing, or that the Company will be able to remain in compliance with the applicable Nasdaq listing requirements on an ongoing basis. 1 SI

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Reborn Coffee, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-010577

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