secwatch.observer — SEC 8-K summary
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Issuer:     Reborn Coffee, Inc. (REBN)
CIK:        0001707910
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001213900-26-040493
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707910/000121390026040493/0001213900-26-040493-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707910/000121390026040493/ea0285264-8k_reborn.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-040493

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer