Reborn Coffee enters $1.7M licensing agreement with Chairman-controlled entity for Middle East/Europe expansion

Reborn Coffee, Inc.

Total license fee $1.7M; 10% ($170K) due upfront, remaining 90% in three equal 30% installments on 1st, 2nd, 3rd anniversaries.
License grants non-exclusive rights to Reborn Coffee trademarks and system in Mena Region, Eastern Europe, Middle East, and Europe.
Licensee must open flagship store in UAE within 180 days after effective date; further expansion into hospitality institutions planned.
Agreement is with Arjomand Group LLC, owned and controlled by Chairman Farooq Arjomand, a related-party transaction.
Initial term 10 years from opening date; renewable for two 5-year terms subject to conditions including a $2,500 renewal fee.

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