Reborn Coffee, Inc. — fact timeline

Reborn Coffee, Inc. entered into Securities Purchase Agreement with the purchasers named therein (the "Investors") valued at $21 million (effective 2026-04-29).

“On April 29, 2026, Reborn Coffee, Inc. (the “Company”), entered into a Securities Purchase Agreement (the “Agreement”) with the purchasers named therein (the “Investors”), pursuant to which the Company agreed to issue and sell, in a private placement, shares of its common stock (the “Shares”) in two closings for aggregate gross proceeds of $21 million”

Reborn Coffee, Inc. amended Amended and Restated Forbearance Agreement with Arena Investors (effective 2026-04-15).

“On April 15, 2026, the Company and the Arena Investors entered into an Amended and Restated Forbearance Agreement (the “A&R Forbearance Agreement”), which amended and restated the Forbearance Agreement in certain respects.”

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

“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.”

Reborn Coffee, Inc. received a nasdaq deficiency notice notice regarding other (rules 5605).

“February 19, 2026, Reborn Coffee, Inc., a Delaware corporation (the “Company”) received a notification letter (the “Letter”) from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company no longer complies with Nasdaq’s independent director, audit committee, and compensation committee requirements as set forth in Nasdaq Listing Rule 5605. However, consistent with Nasdaq Listing Rules, Nasdaq will provide the Company a cure period in order to regain compliance as follows: (i) until the earlier of the Company’s next annual stockhold”

Reborn Coffee, Inc. entered into Exchange Agreement with Arena Investors (effective 2025-12-31).

“On December 31, 2025, the Company and the Arena Investors entered into a warrant exchange and termination agreement (the “Exchange Agreement”)”

Reborn Coffee, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1), 5810(c)(3)(A), 5810(b)).

“and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Capital Market. This Letter was sent pursuant to an earlier notification letter dated May 29, 2025, warning the Company that it was out of compliance with Nasdaq Listing Rule 5550(b)(1), which requires that the Company maintain stockholders’ equity of at least $2,500,000 (the “Equity Rule”). The Company was provided with 180 calendar days, or until November 25, 2025, to regain compliance pursuant to Rule 5810(c)(3)(A). Pursuant to the procedures set forth in the Nasdaq L”

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.

“. 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”

Reborn Coffee, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“May 29, 2025, Reborn Coffee, Inc., a Delaware corporation (the “Company”) received a notification letter (the “Letter”) from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that its stockholders’ equity had fallen below the $2,500,000 required minimum for continued listing set forth in Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”). The Company’s stockholders’ equity was $415,582 as of March 31, 2025, as reported in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2025. The Letter also noted that as of May 29”

Reborn Coffee, Inc. shareholders approved Issuance of shares of Common Stock to YA II PN, LTD., pursuant to the Standby Equity Purchase Agreement at the 2024-05-10 meeting.

“The Company's stockholders approved the issuance of shares of the Company's Common Stock to YA II PN, LTD., pursuant to the Standby Equity Purchase Agreement dated as of February 12, 2024 (the "SEPA"), in excess of the Exchange Cap (as defined SEPA), based upon the following votes: VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 1,272,949 5,599 1,016 -”

Reborn Coffee, Inc. shareholders approved Issuance of shares of Common Stock to EF Hutton YA Fund, LP, pursuant to the Pre-Paid Advance Agreement at the 2024-05-10 meeting.

“The Company's stockholders approved the issuance of shares of the Company's Common Stock to EF Hutton YA Fund, LP, pursuant to the Pre-Paid Advance Agreement dated as of February 12, 2024 (the "PPA"), in excess of the Exchange Cap (as defined PPA), based upon the following votes: VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 1,272,949 5,599 1,016 -”

Reborn Coffee, Inc. engaged BCRG Group as its auditor.

“he engagement of BCRG Group (“BCRG”) as the Company’s new independent registered public accounting firm.”

Reborn Coffee, Inc. dismissed BF Borgers CPA PC as its auditor.

“the “SEC”) entered an order instituting settled administrative and cease-and-desist proceedings against BF Borgers CPA PC (“Borgers”) and its sole audit partner, Benjamin F. Borgers CPA, permanently barring Mr. Borgers and Borgers (collectively, “BF Borgers”) from appearing or practicing before the SEC as an accountant (the “Order”). As reported in the Current Report on Form 8-K filed with the SEC on May 7, 2024, in light of the Order, the Audit Committee (the “Committee”) of the Board of Directors of Reborn Coffee, Inc. (the “Company”), on May 7, 2024, unanimously approved to dismiss, and dismissed Borgers as the Company’s independent registered public accounting firm.”

Reborn Coffee, Inc. dismissed BF Borgers CPA PC as its auditor.

“On May 7, 2024, Reborn Coffee, Inc. (the “Company”) dismissed BF Borgers CPA PC (“BF Borgers”) as its independent registered public accounting firm.”