---
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"
generated_at: "2026-06-06T04:22:05.228672+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Reborn Coffee enters $1.1M pre-paid advance and $5M standby equity facility

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-012688
- JSON: https://secwatch.observer/filing/0001213900-24-012688.json
- Plain text: https://secwatch.observer/filing/0001213900-24-012688.txt

## Key facts
- Material Agreements
  Reborn Coffee, Inc. entered into Pre-Paid Advance Agreement with EF Hutton YA Fund, LP valued at $1,100,000 (effective 2024-02-12).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: EF Hutton YA Fund, LP
  - Value: $1,100,000
  - Effective: 2024-02-12
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1707910/000121390024012688/0001213900-24-012688-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, Ltd.
  - Value: up to $5,000,000
  - Effective: 2024-02-12
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1707910/000121390024012688/0001213900-24-012688-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.