{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-070660","form_type":"8-K","ticker":"REBN","cik":"0001707910","company_name":"Reborn Coffee, Inc.","filed_at":"2025-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.729162+00:00","generated_at":"2026-05-17T21:52:13.422854+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Reborn Coffee issues $833K convertible debenture with 10% OID, warrants, and incentive shares","bullets":["Fourth tranche of $10M SPA closed; $833,333 principal purchased for $750,000 (10% OID).","Issued 136,483 warrants and $175,000 incentive shares (based on VWAP) to Arena Investors.","Proceeds: $100–250K for marketing, $500K for payroll (~2.5 months), $100K for aged payables, rest for franchise.","Failure to allocate proceeds as agreed is an event of default under all outstanding debentures.","Convertible at 92.5% of lowest 5-day VWAP; warrants exercisable at similar formula."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-070660","json":"https://secwatch.observer/filing/0001213900-25-070660.json","markdown":"https://secwatch.observer/filing/0001213900-25-070660.md","text":"https://secwatch.observer/filing/0001213900-25-070660.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1707910/000121390025070660/0001213900-25-070660-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1707910/000121390025070660/ea0251208-8k_reborn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:52:13.422854+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"260cdd5c5acb7d446dd4bce335d85210d7c2757a","claim":"Reborn Coffee, Inc. incurred convertible notes of aggregate principal amount of $833,333 with Arena Investors at accrue interest at a rate of 10% per annum paid in kind.","evidence_excerpt":". The Fourth Closing was consummated on July 31, 2025 and the Company issued to the Arena Investors Debentures in an aggregate principal amount of $833,333","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1707910/000121390025070660/0001213900-25-070660-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"aggregate principal amount of $833,333"},{"label":"Counterparty","value":"Arena Investors"},{"label":"Rate","value":"accrue interest at a rate of 10% per annum paid in kind"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}