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Reborn Coffee Inc - REBN STOCK NEWS

Welcome to our dedicated news page for Reborn Coffee (Ticker: REBN), a resource for investors and traders seeking the latest updates and insights on Reborn Coffee.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Reborn Coffee's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Reborn Coffee's position in the market.

News
Reborn Coffee Reports Fiscal Year 2023 Financial Results
Rhea-AI Summary
Reborn Coffee, Inc. (REBN) reported an impressive 84% increase in FY 2023 revenue to $6.0 million, with Q4'23 revenue up 109% to $1.8 million. Gross profit surged by 93% to $1.9 million. The company ended FY'23 with 14 open locations and saw a 79% increase in company-operated store sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.57%
Tags
earnings
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News
Reborn Coffee Closes $1.0 Million Private Placement Equity Investment from Accredited Investor
Rhea-AI Summary
Reborn Coffee, Inc. secures a $1.0 million private placement investment from Mr. Scott Lee for store expansion and product introductions. The investment aims to enhance the company's presence in the U.S. and international markets by infusing K-pop culture into the coffee industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.15%
Tags
none
-
News
Reborn Coffee Partners with Pet Fashion Brand Sgt. Puppa to Offer Pet Attire and Accessories at Pet Social Cafe
Rhea-AI Summary
Reborn Coffee, Inc. (NASDAQ: REBN) partners with Sgt. Puppa to offer pet fashion at the upcoming Reborn Pet Social Cafe in Pasadena, CA. The partnership aims to attract a wide customer base, drive sales growth, and enhance brand loyalty through a unique blend of products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
partnership
News
Reborn Coffee Partners with TOUS les JOURS Bakery for Distribution of a Valentine's Day Specialty Coffee Blend
Rhea-AI Summary
Reborn Coffee, Inc. (NASDAQ: REBN) has announced a special distribution partnership with TOUS les JOURS, a French-Asian bakery café chain, to bring an exclusive Valentine's Day coffee blend to TOUS les JOURS’ Cerritos, California flagship location and through ecommerce. The partnership aims to enhance coffee experiences for TOUS les JOURS consumers and expand Reborn Coffee's online presence, with the special blend available for a limited time in-store and online. Reborn Coffee's CEO, Jay Kim, highlighted the collaboration as an effective cross-selling program and emphasized the company's solidified presence in the ecommerce space, demonstrating remarkable growth and reach through leading online platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.4%
Tags
partnership
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News
Reborn Coffee Closes $1 Million Private Placement Equity Investment from Chairman Farooq Arjomand
Rhea-AI Summary
Reborn Coffee, Inc. (NASDAQ: REBN) has closed a $1 million private placement investment from its Chairman, Farooq Arjomand, resulting in the issuance of 1,666,667 shares of common stock at a purchase price of $0.60 per share. The company plans to use the proceeds for working capital and general corporate purposes, aiming to solidify its position as a leader in the coffee industry and expand internationally, particularly in Southeast Asia. This investment reflects the Chairman's confidence in Reborn Coffee's mission and vision for the future, as stated by the CEO, Jay Kim.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.89%
Tags
none
-
News
Reborn Coffee to Conduct 1-for-8 Reverse Stock Split
Rhea-AI Summary
Reborn Coffee, Inc. (NASDAQ: REBN) announced a 1-for-8 reverse stock split to regain compliance with the Minimum Bid Price Requirement of $1.00 per share to maintain listing on The Nasdaq Capital Market. The split reduces outstanding shares from 21,596,460 to approximately 2,699,558 shares, with adjustments to equity awards and warrants. The reverse split aims to benefit the company and its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.89%
Tags
stock split
News
Reborn Coffee Secures $1 Million Private Placement Equity Commitment from Chairman Farooq Arjomand, Catalyzing International Growth Initiatives
Rhea-AI Summary
Reborn Coffee, Inc. (NASDAQ: REBN) receives a substantial investment commitment from its Chairman, Farooq Arjomand, signaling strong confidence in the company's international expansion. The investment follows the opening of Reborn's flagship store in Malaysia and precedes its planned expansion into other vibrant markets, including Dubai. Chairman Arjomand's commitment reflects his belief in the company's mission and vision for the future, as well as his confidence in the team and strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
none
-
News
Reborn Coffee Announces Grand Opening of Flagship Store in Kuala Lumpur, Malaysia
Rhea-AI Summary
Reborn Coffee, Inc. (NASDAQ: REBN) announced the grand opening of a new flagship store under the newly incorporated Reborn Coffee Malaysia at the Exchange TRX mall in Kuala Lumpur, Malaysia. The location is set to become one of Asia’s leading lifestyle hubs, and the flagship store will be adjacent to global brands like Apple and Shake Shack. The expansion into Southeast Asia aligns with the company's global expansion initiatives and is anticipated to significantly augment revenue streams. Reborn Coffee also plans to partner with specialty coffee farms in Southeast Asia to deliver exceptional quality through sustainable and ethical sourcing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.57%
Tags
none
-
News
Reborn Coffee Announces Conversion of $1.0 Million of Outstanding Debt into Common Equity
Rhea-AI Summary
Reborn Coffee Inc. (Nasdaq: REBN) announced the conversion of $1.0 million of outstanding debt held by the Company’s Vice Chairman of the Board of Directors, Dennis Egidi, into common equity. This move reflects a significant vote of confidence in the company's future direction and reduces its debt by $1.0 million. The conversion rate of $0.60 per share also reflects a positive outlook for Reborn’s stock and operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
49.81%
Tags
none
News
Reborn Coffee and KIB Plug Energy Korea Sign MOU for $5 Million Investment
Rhea-AI Summary
Reborn Coffee Inc (REBN) announced a strategic investment of $5 million from KIB Plug Energy Korea to combine premium coffee services with electric vehicle charging stations, marking a significant advancement in sustainable practices and everyday consumer needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.08%
Tags
none
Stock REBN logo
Reborn Coffee Inc

Nasdaq:REBN

REBN Rankings

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REBN Stock Data

2.94M
851.91k
68.41%
0.13%
2.62%
Supermarkets and Other Grocery (except Convenience) Stores
Retail Trade
Link
United States
Brea

About REBN

reborn coffee is a roaster hailing from orange county, ca. winner of america’s best cold brew two years in a row, reborn is excited to bring its award winning brew in partnership with oh my green. unlike any other coffee roaster, reborn coffee marries sustainable sourcing of the highest quality beans with our own patented wash process. most coffee is washed once, then roasted, however reborn is committed to “rebirthing” the beans through our “reborn wash process” that is designed to recreate the natural environment (the terroir) that the coffee beans grows in. this allows for the beans to be “reborn” through an accelerated germination that elevates the beauty and complexity of notes naturally found in the bean. reborn has the infrastructure in place for quality sourcing, r&d, retail, consumer packaged goods, and, most importantly, an award-winning product that consumers love. reborn is positioned to grow dramatically both in the retail coffee space and consumer packaged goods cate