Reborn Coffee Holds Shareholder Vote
Ticker: REBN · Form: 8-K · Filed: Oct 25, 2024 · CIK: 1707910
| Field | Detail |
|---|---|
| Company | Reborn Coffee, Inc. (REBN) |
| Form Type | 8-K |
| Filed Date | Oct 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
TL;DR
Reborn Coffee held a shareholder vote on Oct 24th, details to follow.
AI Summary
Reborn Coffee, Inc. filed an 8-K on October 25, 2024, reporting on matters submitted to a vote of security holders as of October 24, 2024. The filing indicates a shareholder vote occurred, but the specific details of the proposals or outcomes were not detailed in the provided text.
Why It Matters
Shareholder votes are critical for corporate governance, indicating decisions made by owners that can impact the company's direction and management.
Risk Assessment
Risk Level: low — This filing is procedural, reporting on a shareholder vote without immediate financial or operational changes disclosed.
Key Players & Entities
- Reborn Coffee, Inc. (company) — Registrant
- October 24, 2024 (date) — Date of Earliest Event Reported
- October 25, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 580 N. Berry Street, Brea, CA 92821 (address) — Principal Executive Offices
FAQ
What specific matters were submitted to a vote of Reborn Coffee's security holders?
The provided text states that the 8-K filing is for 'Submission of Matters to a Vote of Security Holders' but does not specify the exact proposals voted upon.
When did the shareholder vote take place?
The earliest event reported, which includes the shareholder vote, occurred on October 24, 2024.
What is the exact date Reborn Coffee, Inc. filed this 8-K report?
The report was filed as of October 25, 2024.
Where are Reborn Coffee, Inc.'s principal executive offices located?
The principal executive offices are located at 580 N. Berry Street, Brea, CA 92821.
What was Reborn Coffee, Inc.'s former company name?
The former company name was CAPAX INC., with a date of name change on May 30, 2017.
Filing Stats: 739 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-10-25 16:30:17
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share REBN The Nasdaq
Filing Documents
- ea0218597-8k_reborn.htm (8-K) — 35KB
- 0001213900-24-090807.txt ( ) — 203KB
- rebn-20241024.xsd (EX-101.SCH) — 3KB
- rebn-20241024_lab.xml (EX-101.LAB) — 33KB
- rebn-20241024_pre.xml (EX-101.PRE) — 22KB
- ea0218597-8k_reborn_htm.xml (XML) — 3KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 24, 2024 REBORN COFFEE, INC. (Exact name of registrant as specified in its charter) Delaware 001-41479 47-4752305 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 580 N. Berry Street , Brea , CA 92821 (Address of principal executive offices) (Zip Code) ( 714 ) 784-6369 (Registrant's telephone number) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Securities Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value per share REBN The Nasdaq Stock Market LLC (Nasdaq Capital Market) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.07 Submission of Matters to a Vote of Security Holders. On October 24, 2024, Reborn Coffee, Inc. (the "Company") held its annual meeting of stockholders for its fiscal year ended December 31, 2024 (the "Annual Meeting"). As of September 23, 2024, the record date for the Annual Meeting, 2,683,490 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), were outstanding, entitled to 2,683,490 votes at the Annual Meeting. Holders of 1,798,335 shares of the Company's Common Stock were present in person or by proxy at the Annual Meeting, representing 67.01% of the total outstanding shares of Common Stock, constituting a quorum p ursuant to the Company's bylaws . At the Annual Meeting, three 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 September 27, 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 2025 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 1,485,692 40,728 271,915 Jay Kim 1,485,369 41,051 271,915 Dennis R. Egidi 1,485,698 40,722 271,915 Sehan Kim 1,486,702 39,718 271,915 Andy Nasim 1,485,726 40,694 271,915 Jennifer Tan 1,485,408 41,012 271,915 Proposal No. 2 The Company's stockholders ratified the appointment of BCRG Group as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024, based upon the following votes: VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 1,793,709 3,666 960 - Proposal No. 3 The Company's stockholders approved the issuance of shares of the Company's Common Stock to YA II PN, LTD. pursuant to the Convertible Promissory Note (the "Note") and related warrant issued on May 20, 2024, in excess of the Exchange Cap (as defined in the Note) in accordance with Nasdaq Listing Rule 5635(d). VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 1,517,008 7,397 2,015 271,915 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: October 25, 2024 REBORN COFFEE, INC. By: /s/ Jay Kim Name: Jay Kim Title: Chief Executive Officer 2