Reborn Coffee raises $1.6M via equity placement and $500K convertible note at $3.36/share

Reborn Coffee, Inc.

Private placement sold 381,819 shares at $2.75-$3.00 for ~$1.1M in gross proceeds.
Issued $500K convertible note to Quen Inno Tech; convertible at $3.36/sh, 0% interest (10% upon default).
Proceeds from both transactions will be used for working capital and general corporate purposes.
Convertible note requires monthly installments from Aug 2025; early redemption allowed at 15% premium.

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