Reborn Coffee Completes Acquisition, Files 8-K
Ticker: REBN · Form: 8-K · Filed: Jan 2, 2025 · CIK: 1707910
| Field | Detail |
|---|---|
| Company | Reborn Coffee, Inc. (REBN) |
| Form Type | 8-K |
| Filed Date | Jan 2, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $1,000,000, $200,000, $800,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, material-agreement, equity-sale
TL;DR
Reborn Coffee just closed an acquisition and sold some stock. Big moves ahead.
AI Summary
On November 6, 2024, Reborn Coffee, Inc. (formerly CAPAX INC.) reported the completion of an acquisition. The company also disclosed the entry into a material definitive agreement and unregistered sales of equity securities. The filing includes financial statements and exhibits related to these events.
Why It Matters
This 8-K filing signals significant corporate activity for Reborn Coffee, including an acquisition and equity sales, which could impact its future business operations and financial structure.
Risk Assessment
Risk Level: medium — Acquisitions and unregistered equity sales can introduce financial and operational risks, as well as potential dilution for existing shareholders.
Key Players & Entities
- Reborn Coffee, Inc. (company) — Registrant
- CAPAX INC. (company) — Former company name
- November 6, 2024 (date) — Date of earliest event reported
- 580 N. Berry Street, Brea, CA 92821 (address) — Principal executive offices
- 714-784-6369 (phone_number) — Registrant's telephone number
FAQ
What was the nature of the material definitive agreement entered into by Reborn Coffee, Inc.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What was acquired by Reborn Coffee, Inc. on November 6, 2024?
The filing states the completion of an acquisition or disposition of assets on November 6, 2024, but does not specify what was acquired.
When did Reborn Coffee, Inc. change its name from CAPAX INC.?
Reborn Coffee, Inc. changed its name from CAPAX INC. on May 30, 2017.
What is Reborn Coffee, Inc.'s SIC code?
Reborn Coffee, Inc.'s Standard Industrial Classification (SIC) code is 5812, which corresponds to RETAIL-EATING PLACES.
What is the fiscal year end for Reborn Coffee, Inc.?
Reborn Coffee, Inc.'s fiscal year ends on December 31.
Filing Stats: 1,000 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2025-01-02 16:30:20
Key Financial Figures
- $0.0001 — ge on which registered Common Stock, $0.0001 par value per share REBN The Nasdaq
- $1,000,000 — pay to the Seller an aggregate total of $1,000,000, payable as follows: (i) $200,000 in ca
- $200,000 — of $1,000,000, payable as follows: (i) $200,000 in cash by December 31, 2024; and (ii)
- $800,000 — in cash by December 31, 2024; and (ii) $800,000 in shares of the Company's common stock
Filing Documents
- ea0226480-8k_reborn.htm (8-K) — 43KB
- ea022648001ex2-1_reborn.htm (EX-2.1) — 198KB
- 0001213900-25-000401.txt ( ) — 434KB
- rebn-20241106.xsd (EX-101.SCH) — 3KB
- rebn-20241106_lab.xml (EX-101.LAB) — 33KB
- rebn-20241106_pre.xml (EX-101.PRE) — 22KB
- ea0226480-8k_reborn_htm.xml (XML) — 3KB
Financial statements of businesses acquired
Financial statements of businesses acquired. The financial statements required by Item 9.01 with respect to the acquisition described in Item 2.01 are not being filed herewith but will be filed by amendment to this Current Report on Form 8-K no later than 71 calendar days after the date on which this Current Report on Form 8-K was required to be filed pursuant to Item 2.01. (b) Pro forma financial information. The pro forma financial information required by Item 9.01 with respect to the acquisition described in Item 2.01 above is not being furnished herewith but will be furnished by amendment to this Current Report on Form 8-K no later than 71 calendar days after the date on which this Current Report on Form 8-K was required to be filed pursuant to Item 2.01. (d) Exhibits. Exhibit No. Description 2.1 Share Purchase Agreement, by and between Reborn Coffee, Inc. and Bbang Ssaem Co., Ltd., dated November 6, 2024 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 2, 2025 REBORN COFFEE, INC. By: /s/ Jay Kim Name: Jay Kim Title: Chief Executive Officer 2