Reborn Coffee receives Nasdaq delisting notice for late 10-Q filing; intends to appeal

Reborn Coffee, Inc.

Received Staff letter on June 21, 2024 for failure to file Form 10-Q for quarter ended March 31, 2024.
Dismissed BF Borgers as auditor; engaged BCRG Group on May 14, 2024, causing filing delay.
Under Nasdaq Discretionary Panel Monitor until May 2025; not eligible for normal compliance period.
Must request hearing and stay by June 28 or trading suspended on July 2, 2024.
Company intends to appeal but no guarantee of hearing grant or favorable ruling.

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