Reborn Coffee to Present at Sidoti Small Cap Conference
Ticker: REBN · Form: 8-K · Filed: Jan 17, 2024 · CIK: 1707910
| Field | Detail |
|---|---|
| Company | Reborn Coffee, Inc. (REBN) |
| Form Type | 8-K |
| Filed Date | Jan 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $0.60, $1 million, $1 Million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: investor-relations, conference, corporate-event
TL;DR
**Reborn Coffee is pitching investors at a conference, hoping to boost interest.**
AI Summary
Reborn Coffee, Inc. filed an 8-K on January 17, 2024, to announce that it will be presenting at the Sidoti Small Cap Conference on January 17-18, 2024. The company's CEO, Jay Kim, and CFO, Kevin Lee, will host one-on-one meetings with investors. This matters to investors because it indicates Reborn Coffee is actively engaging with the investment community to attract capital and potentially increase its stock's visibility and valuation.
Why It Matters
This filing signals Reborn Coffee's proactive efforts to engage with investors, which could lead to increased investor interest and potentially impact the stock price positively.
Risk Assessment
Risk Level: low — This filing is a routine disclosure about investor relations activities and does not introduce new financial risks or operational changes.
Analyst Insight
A smart investor would monitor Reborn Coffee's stock for any short-term volatility or increased interest following the conference, but recognize this filing alone doesn't indicate fundamental changes.
Key Players & Entities
- Reborn Coffee, Inc. (company) — the registrant filing the 8-K
- Jay Kim (person) — CEO of Reborn Coffee, Inc.
- Kevin Lee (person) — CFO of Reborn Coffee, Inc.
- Sidoti Small Cap Conference (company) — the event where Reborn Coffee will present
- January 17, 2024 (date) — date of the earliest event reported and filing date
- January 18, 2024 (date) — end date of the Sidoti Small Cap Conference
Forward-Looking Statements
- Reborn Coffee's stock (REBN) might experience increased trading volume due to heightened investor awareness from the conference. (REBN) — medium confidence, target: Q1 2024
- The company may issue further press releases or filings detailing outcomes or new partnerships resulting from the conference. (Reborn Coffee, Inc.) — low confidence, target: Q1 2024
FAQ
What is the primary purpose of Reborn Coffee, Inc.'s 8-K filing on January 17, 2024?
The primary purpose of Reborn Coffee, Inc.'s 8-K filing on January 17, 2024, is to disclose that the company will be presenting at the Sidoti Small Cap Conference on January 17-18, 2024, and that its CEO and CFO will host one-on-one meetings.
Who from Reborn Coffee, Inc. will be representing the company at the Sidoti Small Cap Conference?
Jay Kim, the CEO, and Kevin Lee, the CFO, will be representing Reborn Coffee, Inc. at the Sidoti Small Cap Conference.
What type of engagement will Reborn Coffee, Inc. have with investors at the conference?
Reborn Coffee, Inc. will host one-on-one meetings with investors at the Sidoti Small Cap Conference.
When is the Sidoti Small Cap Conference taking place?
The Sidoti Small Cap Conference is taking place on January 17-18, 2024.
Under which item of Form 8-K was this information disclosed?
This information was disclosed under 'Regulation FD Disclosure' and 'Financial Statements and Exhibits' as per the ITEM INFORMATION section of the filing.
Filing Stats: 661 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2024-01-17 16:30:30
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share REBN The Nasdaq
- $0.60 — y's Common Stock at a purchase price of $0.60 per share, for aggregate gross proceeds
- $1 million — gregate gross proceeds of approximately $1 million. A copy of the press release is include
- $1 Million — 17, 2024 entitled "Reborn Coffee Closes $1 Million Private Placement Equity Investment fro
Filing Documents
- ea191741-8k_reborncoffee.htm (8-K) — 27KB
- ea191741ex99-1_reborncoffee.htm (EX-99.1) — 9KB
- ea191741ex99-2_reborncoffee.htm (EX-99.2) — 12KB
- ex99-1_001.jpg (GRAPHIC) — 1KB
- ex99-2_001.jpg (GRAPHIC) — 1KB
- 0001213900-24-004173.txt ( ) — 227KB
- rebn-20240117.xsd (EX-101.SCH) — 3KB
- rebn-20240117_lab.xml (EX-101.LAB) — 33KB
- rebn-20240117_pre.xml (EX-101.PRE) — 22KB
- ea191741-8k_reborncoffee_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 17, 2024, Reborn Coffee, Inc., a Delaware corporation (the "Company"), issued a press release announcing a reverse stock split of its issued common stock, par value $0.0001 (the "Common Stock"), in the ratio of 1-for-8. A copy of the press release is included as Exhibit 99.1 and is hereby incorporated by reference. On January 17, 2024, the Company issued a press release announcing the closing of a private placement with Farooq M. Arjomand (the "Investor"), the Chairman of the Company's Board of Directors. The Company offered and sold to the Investor a total of 1,666,667 shares of the Company's Common Stock at a purchase price of $0.60 per share, for aggregate gross proceeds of approximately $1 million. A copy of the press release is included as Exhibit 99.2 and is hereby incorporated by reference. Exhibit 99.1 and Exhibit 99.2 are being furnished pursuant to Item 7.01 and will not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise be subject to the liabilities of that section, nor will they be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, regardless of any general incorporation language in such filings. This Current Report will not be deemed an admission as to the materiality of any information in this Item 7.01, including Exhibit 99.1 and Exhibit 99.2.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press Release of the Company dated January 17, 2024 entitled "Reborn Coffee to Conduct 1-for-8 Reverse Stock Split" 99.2 Press Release of the Company dated January 17, 2024 entitled "Reborn Coffee Closes $1 Million Private Placement Equity Investment from Chairman Farooq Arjomand" 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 17, 2024 REBORN COFFEE, INC. By: /s/ Jay Kim Name: Jay Kim Title: Chief Executive Officer 2