Reborn Coffee, Inc. (REBN): M&A transaction — Reborn Coffee acquires 58% stake in S. Korean bakery chain Bbang Ssaem for $1M

Reborn Coffee, Inc.

Acquired 166,000 shares for $1M: $200K cash by Dec 31, 2024; $800K in stock at Jan 31, 2025 VWAP.
Bbang Ssaem operates 31 bakery cafés in South Korea, founded in 2019.
Closing on Nov 6, 2024; due diligence period of 75 days with potential price adjustment.
Consideration shares to be issued unregistered under Section 4(a)(2) of Securities Act.
Financial statements of acquiree to be filed within 71 days after closing.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Reborn Coffee, Inc. completed an acquisition involving Bbang Ssaem Co. Ltd. (d/b/a Bbang Ssaem Bakery Café Korea) for $1,000,000 (closed 2024-11-06).

Action: acquisition
Counterparty: Bbang Ssaem Co. Ltd. (d/b/a Bbang Ssaem Bakery Café Korea)
Consideration: $1,000,000
Closing: 2024-11-06

Exact text from the filing

58% of the total outstanding shares of capital stock of the Seller. As consideration for purchase of the Shares, the Company agreed to pay to the Seller an aggregate total of $1,000,000, payable as follows: (i) $200,000 in cash by December 31, 2024; and (ii) $800,000 in shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), to be

View on SEC.gov

5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Reborn Coffee, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-000401

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.