Welcome to our dedicated page for Reborn Coffee news (Ticker: REBN), a resource for investors and traders seeking the latest updates and insights on Reborn Coffee stock.
Reborn Coffee (REBN) is a specialty coffee innovator recognized for its patented re-born wash process and commitment to sustainable sourcing. This page serves as the definitive source for official company announcements, financial updates, and operational developments.
Investors and industry followers will find curated press releases covering earnings reports, retail expansions, and technological advancements in coffee production. All content is verified through primary sources to ensure accuracy and relevance.
Key updates include new product launches, sustainability initiatives, franchising opportunities, and wholesale partnerships. Regular visitors gain insights into REBN's market positioning within the competitive specialty beverage sector.
Bookmark this page for streamlined access to Reborn Coffee's evolving story. Check back frequently for authoritative updates directly from the company and verified industry analysts.
Reborn Coffee Inc. (REBN) has secured financing commitments totaling up to $60 million through agreements with Arena Investors, LP and Arena Business Solutions Global SPC II, The financing consists of two main components: a $10 million Debenture and Warrant Offering with 10% original issue discount secured convertible debentures, and a $50 million Equity Line of Credit (ELOC).
The Debenture Offering will be closed in four tranches, with warrants issued to purchase common stock equal to 20% of the principal amount. The ELOC allows Reborn Coffee to sell up to $50 million in common stock shares at its discretion. The company plans to use the proceeds for working capital, general corporate purposes, flagship store openings, and national expansion initiatives.
Reborn Coffee (Nasdaq: REBN) has received approval as a U.S. franchisor, marking a significant expansion milestone. The company aims to open more than 100 franchise locations nationwide within three years. Currently approved to operate in California and non-franchise registration states, Reborn is actively pursuing approvals in additional registration states for a comprehensive nationwide rollout.
The company's franchise model combines premium coffees, teas, and artisanal bakery offerings with modern store concepts. Each location is designed to serve as a cultural and community hub. The expansion strategy focuses on delivering world-class coffee experiences, with plans for growth in both domestic and emerging global markets.
Reborn Coffee (NASDAQ: REBN) announced a partnership with Finlays to launch a new ready-to-drink (RTD) 4th Wave Cold Brew product line, unveiled during Art Basel Miami Beach 2024. The collaboration features three distinct offerings: Miami Passion (tropical fusion with passion fruit), Signature Blend (classic cold brew), and Single-Origin Colombian Cold Brew.
The product line, set to launch in Q1 2025, features a -edition label design for Miami Passion created by Miami artist Mira. The launch event took place at SLS Hotel Miami Beach during Art Basel, where Mira showcased an artistic installation inspired by the collaboration. The products feature zero sugar and natural ingredients, targeting health-conscious consumers in the growing RTD cold brew market.
Reborn Coffee (NASDAQ: REBN) announced plans to mass produce its newly designed 4th Wave Cold Brew line starting in early Q1 2025 across the United States, Malaysia, and Korea. The company, which has received recognition in U.S. cold brew contests, aims to expand its market presence through strategic partnerships. The production initiative follows successful collaborations, including the 'Miami Passion' cold brew at an F1 event with Hagerty Garage + Social and a luxury pairing with Brugal. The new cold brew line will target diverse markets including hotels, B2B channels, large retailers, and local distribution networks.
Reborn Coffee (REBN) reported Q3 2024 results with revenue at $1.3M, down 17% from Q3 2023. Despite challenges, wholesale and online sales grew 432% to $140,407. The company acquired a 58% stake in Bbang Ssaem Bakery, securing access to 8,000 stores across South Korea. Company-operated store gross margins decreased to 61% compared to 70% in Q3 2023. The company expanded globally through strategic partnerships in China, Thailand, and South Korea, targeting 300 locations worldwide within two years. Net loss remained stable at $0.7M, with cash and equivalents at $0.1M as of September 30, 2024.
Reborn Coffee (NASDAQ: REBN) has announced a major distribution agreement through its South Korean subsidiary, Bbang Ssaem Bakery F&B, to supply preservative-free baked goods to approximately 8,000 stores of a major Korean coffee chain. To meet nationwide demand, the company has expanded production capacity with a new facility, converted from a former Tom N Toms bakery site. This strategic partnership aims to establish a significant revenue stream and strengthen Reborn's position in South Korea's coffee and bakery market.
Reborn Coffee (NASDAQ: REBN) has successfully acquired a 58% stake in Bbang Ssaem Bakery, a South Korean bakery chain with 31 locations and estimated trailing twelve-month revenue of $7 million. The acquisition, funded by Korean accredited investors, combines Reborn's specialty coffee expertise with Bbang Ssaem's bakery operations, founded by Jong Kim with 40 years of experience.
This strategic move serves as Reborn Coffee's entry into the South Korean franchise market, aiming to implement a new standardized café concept that merges high-end coffee with artisanal baked goods. Select locations will be upgraded to reflect this premium café bakery model, targeting expansion through franchising opportunities.
Reborn Coffee (Nasdaq: REBN) announced the nationwide distribution of its award-winning Cold Brew line, following success at the Miami Passion event during the Austin F1 Race. The launch features Miami Passion, a -edition Cold Brew blend combining coffee with tropical Passion Fruit. The company collaborated with Miami artist Mira for a special -edition label design. The distribution strategy will target key markets through retail locations and e-commerce platforms, featuring three Cold Brew fruit-infused varieties catering to health-conscious consumers preferring low-acid, naturally caffeinated options.
Reborn Coffee Inc. (Nasdaq: REBN) has announced the launch of its new patented coffeeware, starting with the Reborn Tumbler. This IF Design Award-winning product, created in collaboration with designer Mr. Gu and his brand Nooof, marks the beginning of a global rollout aimed at driving significant growth for the company.
The eco-friendly tumbler combines functionality and style, reflecting Reborn Coffee's commitment to sustainability and quality. CEO Jay Kim emphasized that this launch sets a new standard in the coffeeware industry and is just the start of their journey to lead the market with innovative products.
Reborn Coffee is targeting key markets including the U.S., China, and Southeast Asia, with plans to expand distribution globally. The company will continue to introduce new, patent-driven coffeeware products, available soon on their e-commerce platforms and through B2B partners.
Reborn Coffee Inc. (NASDAQ: REBN) has announced a strategic joint venture with Gaingan Humantech Co. to open three new locations in Bangkok, Thailand. The flagship store will be at One Bangkok, a landmark mixed-use development. This expansion marks Reborn Coffee's sixth partnership announcement in Southeast Asia, tapping into the region's growing coffee market.
Thailand's coffee consumption has increased by over 20% in the last five years, with the Southeast Asian coffee market expected to grow at a CAGR of 9.2% through 2025, reaching a value of over $6 billion. Reborn Coffee aims to capitalize on this trend by offering its signature fourth-wave coffee experience and innovative products to the Thai market.
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