Reborn Coffee enters forbearance with Arena Investors, agrees cash payments and warrants to avoid default

Reborn Coffee, Inc.

Company must pay $1.06M by Apr 6, $400k by Apr 20, then $500k monthly until debentures fully paid or converted.
Issues warrants to purchase 250,000 shares at $2.00/share to Arena Investors.
Must file registration statement for warrant shares and 185,771 exchange shares within 5 business days after 10-K filing.
Forbearance waives defaults related to delayed payment of 30% of $6.5M equity subscription proceeds from Charles Jeong.
Forbearance terminates upon default or insolvency, allowing immediate exercise of remedies.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Reborn Coffee, Inc. issued 250,000 shares of Common Stock of warrant to Arena Investors for forbearance and waiver of defaults and delays by Arena Investors.

Security: warrant
Shares: 250,000 shares of Common Stock
Purchaser: Arena Investors
Consideration: forbearance and waiver of defaults and delays by Arena Investors

Exact text from the filing

issue warrants to the Arena Investors to purchase 250,000 shares of Common Stock at an exercise price of $2.00 per share (the "Forbearance Warrants")

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Reborn Coffee, Inc. entered into Forbearance Agreement with the Arena Investors (effective 2026-03-31).

Action: entry
Agreement: equity purchase
Counterparty: the Arena Investors
Effective: 2026-03-31

Exact text from the filing

On March 31, 2026, the Company and the Arena Investors entered into a Forbearance Agreement (the “Forbearance Agreement”) whereby the Arena Investors would waive and forbear from any exercise of their rights and remedies under the Securities Purchase Agreement, the Debentures and applicable law in connection with the Specified Delay and waive any defaults or events of default which may exist and may be ongoing under the Debentures as of March 31, 2026.

View on SEC.gov

Browse all equity issuances →

Reborn Coffee, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-040493

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.