{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-012688","form_type":"8-K","ticker":"REBN","cik":"0001707910","company_name":"Reborn Coffee, Inc.","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.187497+00:00","generated_at":"2026-06-06T04:22:05.228672+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Reborn Coffee enters $1.1M pre-paid advance and $5M standby equity facility","bullets":["Pre-paid advance of $1,100,000 from EF Hutton YA Fund at 90% of face (net $990k); floor price $0.46.","Investor can require shares at lower of fixed price or 87% of lowest VWAP over 5 trading days; 0% interest.","Standby equity purchase agreement with Yorkville for up to $5,000,000 over 36 months at 95-96% of market price.","Commitment fee of $150,000 paid in shares; 4.99% beneficial ownership cap; no short sales.","Amortization event triggers $500k cash repayment plus 10% premium if VWAP below floor for 5 of 7 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-012688","json":"https://secwatch.observer/filing/0001213900-24-012688.json","markdown":"https://secwatch.observer/filing/0001213900-24-012688.md","text":"https://secwatch.observer/filing/0001213900-24-012688.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1707910/000121390024012688/0001213900-24-012688-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1707910/000121390024012688/ea193416-8k_reborn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:22:05.228672+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2736a739dc165d75d73f7808005b680de9be91fd","claim":"Reborn Coffee, Inc. entered into Pre-Paid Advance Agreement with EF Hutton YA Fund, LP valued at $1,100,000 (effective 2024-02-12).","evidence_excerpt":"On February 12, 2024, Reborn Coffee, Inc. (the “Company”) entered into a Pre-Paid Advance Agreement (the “PPA”) with EF Hutton YA Fund, LP, a Delaware limited partnership (the “Investor”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1707910/000121390024012688/0001213900-24-012688-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"EF Hutton YA Fund, LP"},{"label":"Value","value":"$1,100,000"},{"label":"Effective","value":"2024-02-12"}],"fact_type":"material_agreement"},{"claim_id":"e111f998cf56f1e0bc5e9a2893ba21aa7b52fafc","claim":"Reborn Coffee, Inc. entered into Standby Equity Purchase Agreement with YA II PN, Ltd. valued at up to $5,000,000 (effective 2024-02-12).","evidence_excerpt":"on February 12, 2024, the Company entered into a Standby Equity Purchase Agreement (the “SEPA”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership (“Yorkville”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1707910/000121390024012688/0001213900-24-012688-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Value","value":"up to $5,000,000"},{"label":"Effective","value":"2024-02-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}