Reborn Coffee Inc. received a Nasdaq compliance notice for not filing its quarterly report on time.
Quiver AI Summary
Reborn Coffee Inc., a specialty coffee retailer based in California, received a notice from Nasdaq on August 27, 2026, stating that the company is not in compliance with Listing Rule 5250(c)(1) due to its failure to file its Quarterly Report on Form 10-Q for the period ending June 30, 2026. The company has 60 days to submit a compliance plan, which, if accepted, could lead to an extension of up to 180 days to meet its obligations. There is no immediate impact on the listing of its common stock, and the company plans to take necessary actions to regain compliance, though there are no guarantees it will meet the required deadlines or requirements. The release emphasizes the inherent risks and uncertainties that could affect the company's future performance.
Potential Positives
- The company has received a notice from Nasdaq, prompting it to submit a plan to regain compliance, which indicates they have a structured path forward.
- The notice does not have an immediate effect on the listing of the Company's Common Stock, suggesting stability in the short term.
- Reborn Coffee has a commitment to take necessary steps for compliance, showing proactive management and intention to address the situation.
Potential Negatives
- The company has failed to file its Quarterly Report on Form 10-Q, which signals potential financial or operational issues that could affect investor confidence.
- The notice from Nasdaq indicates non-compliance with Listing Rule 5250(c)(1), which could lead to being delisted if not resolved within the specified timeframe.
- The company cannot guarantee that it will regain compliance or meet the continued listing requirements, creating uncertainty about its future on the Nasdaq exchange.
FAQ
What notice did Reborn Coffee receive from Nasdaq?
Reborn Coffee received a notice regarding its non-compliance with Nasdaq Listing Rule 5250(c)(1) due to not filing its 10-Q report.
What is the deadline for Reborn Coffee to regain compliance?
Reborn Coffee has 60 calendar days to submit a plan to Nasdaq to regain compliance.
Will the notice affect Reborn Coffee's stock listing immediately?
No, the notice from Nasdaq has no immediate effect on the listing of Reborn Coffee's Common Stock.
What are the potential consequences if compliance is not achieved?
If Nasdaq does not accept the plan for compliance, Reborn Coffee can appeal the decision to a Hearings Panel.
What is Reborn Coffee Inc. focused on?
Reborn Coffee focuses on delivering high-quality, handcrafted coffee experiences with a commitment to innovation in the specialty coffee market.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$REBN Insider Trading Activity
$REBN insiders have traded $REBN stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $REBN stock by insiders over the last 6 months:
- JUNG JAE LIM (CEO and Interim CFO) purchased 131,387 shares for an estimated $23,649,660,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$REBN Hedge Fund Activity
We have seen 4 institutional investors add shares of $REBN stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRW SECURITIES, LLC removed 64,986 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $128,022
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 52,257 shares (+inf%) to their portfolio in Q2 2026, for an estimated $78,908
- UBS GROUP AG added 603 shares (+inf%) to their portfolio in Q2 2026, for an estimated $910
- TOWER RESEARCH CAPITAL LLC (TRC) removed 207 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $407
- BARCLAYS PLC added 164 shares (+inf%) to their portfolio in Q2 2026, for an estimated $247
- BANK OF AMERICA CORP /DE/ removed 32 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $63
- CAITONG INTERNATIONAL ASSET MANAGEMENT CO., LTD added 24 shares (+2400.0%) to their portfolio in Q2 2026, for an estimated $36
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
BREA, Calif., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN) (the “Company”), a leader in the specialty coffee market, received a notice (the “Notice”) from Nasdaq Listing Qualifications (“Nasdaq”) on August 27, 2026 notifying the Company that as it has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2026 (the “Form 10-Q”), the Company no longer complies with Listing Rule 5250(c)(1) for continued listing on Nasdaq.
The Company has 60 calendar days to submit to Nasdaq a plan to regain compliance, and if such plan is accepted, Nasdaq may grant the Company an extension of up to 180 calendar days from the prescribed due date for filing the Form 10-Q, or until February 16, 2026, to regain compliance. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Hearings Panel.
The Notice from Nasdaq has no immediate effect on the listing of the Company’s Common Stock.
The Company intends to take the necessary steps to regain compliance with the Nasdaq Listing Rule as soon as practicable.
However, there can be no assurance that the Form 10-Q will be filed within any required timeframe, a plan of compliance will be submitted within such period, Nasdaq will grant the Company an extension, or the Company will be able to meet the continued listing requirements during any compliance period that may be granted by Nasdaq.
About Reborn Coffee
Reborn Coffee, Inc. (NASDAQ: REBN) is a California-based specialty coffee retailer focused on delivering high-quality, handcrafted coffee experiences. With a growing global footprint and a dedication to innovation, Reborn is redefining the coffeehouse model through its premium products and technology-forward initiatives.
Forward-Looking Statements
All statements in this release that are not based on historical fact are "forward-looking statements." While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our recent filings with the Securities and Exchange Commission ("SEC") including our Form 10-K for the year ended December 31, 2025, which can be found on the SEC's website at www.sec.gov . Such risks, uncertainties, and other factors include, but are not limited to, the Company's ability to continue as a going concern as indicated in an explanatory paragraph in the Company's independent registered public accounting firm's audit report as a result of recurring net losses, among other things, the Company's ability to successfully open the additional locations described herein as planned or at all, the Company's ability to expand its business both within and outside of California (including as it relates to increasing sales and growing Average Unit Volumes at our existing stores), the degree of customer loyalty to our stores and products, the fluctuation of economic conditions, competition and inflation. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contacts
Investor Relations
Contact:
Chris Tyson
Executive Vice President
MZ North America
[email protected]
949-491-8235
Company Contact:
Reborn Coffee, Inc.
[email protected]