Reborn Coffee Files 8-K on Shareholder Votes and Other Events
Ticker: REBN · Form: 8-K · Filed: Apr 23, 2024 · CIK: 1707910
| Field | Detail |
|---|---|
| Company | Reborn Coffee, Inc. (REBN) |
| Form Type | 8-K |
| Filed Date | Apr 23, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $2,500,000 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-events, filing-update
Related Tickers: RBN
TL;DR
Reborn Coffee (RBN) filed an 8-K detailing shareholder votes and other key events from April 22nd.
AI Summary
Reborn Coffee, Inc. filed an 8-K on April 23, 2024, reporting on matters submitted to a vote of security holders and other events that occurred on April 22, 2024. The filing indicates that the company, formerly known as CAPAX INC., is incorporated in Delaware and has its principal executive offices in Brea, California.
Why It Matters
This filing provides updates on significant corporate actions and shareholder decisions, which can impact the company's governance and future direction.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate events and does not appear to contain immediate negative financial news.
Key Players & Entities
- Reborn Coffee, Inc. (company) — Registrant
- CAPAX INC. (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- Brea, CA (location) — Principal executive offices
- April 22, 2024 (date) — Date of earliest event reported
- April 23, 2024 (date) — Filing date
FAQ
What specific matters were submitted to a vote of security holders by Reborn Coffee, Inc.?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the excerpt.
What 'Other Events' are being reported by Reborn Coffee, Inc. in this 8-K?
The filing lists 'Other Events' as an item, but the specific nature of these events is not detailed in the provided text.
When was Reborn Coffee, Inc. formerly known as CAPAX INC.?
The date of the name change from CAPAX INC. to Reborn Coffee, Inc. was May 30, 2017.
What is the principal executive office address for Reborn Coffee, Inc.?
The principal executive offices are located at 580 N. Berry Street, Brea, CA 92821.
What is the SEC file number for Reborn Coffee, Inc.?
The SEC file number for Reborn Coffee, Inc. is 001-41479.
Filing Stats: 946 words · 4 min read · ~3 pages · Grade level 11.5 · Accepted 2024-04-23 12:00:10
Key Financial Figures
- $0.0001 — ge on which registered Common Stock, $0.0001 par value per share REBN The Nasdaq
- $2,500,000 m — Listing Rule 5550(b)(1) concerning the $2,500,000 minimum stockholders' equity rule as per
Filing Documents
- ea0204401-8k_reborn.htm (8-K) — 40KB
- 0001213900-24-035216.txt ( ) — 209KB
- rebn-20240422.xsd (EX-101.SCH) — 3KB
- rebn-20240422_lab.xml (EX-101.LAB) — 33KB
- rebn-20240422_pre.xml (EX-101.PRE) — 22KB
- ea0204401-8k_reborn_htm.xml (XML) — 3KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders. On April 22, 2024, Reborn Coffee, Inc. (the "Company") held its annual meeting of stockholders for its fiscal year ended December 31, 2023 (the "Annual Meeting"). As of April 12, 2024, the record date for the Annual Meeting, 2,092,555 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), were outstanding, entitled to 2,092,555 votes at the Annual Meeting. Holders of 1,380,904 shares of the Company's Common Stock were present in person or by proxy at the Annual Meeting, representing 65.99% of the total outstanding shares of Common Stock, constituting a quorum p ursuant to the Company's bylaws . At the Annual Meeting, four proposals were submitted to the Company's stockholders. A brief summary of the matters voted upon by stockholders at the Annual Meeting is set forth below, and the proposals are described in more detail in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 28, 2024 . The voting results reported below are final. Proposal No. 1 The Company's stockholders elected Farooq M. Arjomand, Jay Kim, Dennis R. Egidi, Sehan Kim, Andy Nasim and Jennifer Tan to the Company's Board of Directors, to hold office until the 2024 annual meeting of stockholders or until such director's respective successors are elected or appointed and qualified or until any such director's earlier resignation or removal, based upon the following votes: NOMINEE VOTES FOR VOTES WITHHELD BROKER NON-VOTES Farooq M. Arjomand 1,215,592 3,989 161,323 Jay Kim 1,215,651 3,930 161,323 Dennis R. Egidi 1,215,468 4,113 161,323 Sehan Kim 1,215,476 4,105 161,323 Andy Nasim 1,215,985 3,596 161,323 Jennifer Tan 1,215,995 3,586 161,323 Proposal No. 2 The Company's stockholders ratified the appointment of BF Borgers CPA PC as the Company's independent registered public accounting firm for the fisc
01 Other Events
Item 8.01 Other Events. The Company believes that it has raised the requisite capital to comply with Nasdaq Listing Rule 5550(b)(1) concerning the $2,500,000 minimum stockholders' equity rule as per the analysis below: Description Amount ($) Source Date Filed with SEC Stockholders' equity as of December 31, 2023 1,573,843.00 Form 10-K 3/28/2024 Insider equity investment by director (Farooq Arjomand) 1,000,000.00 Form 8-K 1/16/2024 Prepaid Advance Agreement with Investor (EF Hutton YA Fund LP ) 1,100,000.00 Form 8-K 2/12/2024 Private placement investment (Scott Lee) 1,000,000.00 Form 8-K 2/29/2024 Estimated net loss for the quarter ended March 31, 2024 (650,000.00 ) Estimated N/A Estimated stockholders' equity at March 31, 2024, as of April 22, 2024 3,923,843.00 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: April 23, 2024 REBORN COFFEE, INC. By: /s/ Jay Kim Name: Jay Kim Title: Chief Executive Officer 2