8-KFiled Sep 1, 8:00 PM ET
Reborn Coffee Inc. Receives Nasdaq Notice for Late 10‑Q Filing
$REBN · Reborn Coffee, Inc.Research Summary
AI-generated summary of this SEC filing
Reborn Coffee Inc. Receives Nasdaq Notice for Late 10‑Q Filing
What Happened
- Reborn Coffee, Inc. (REBN) announced it received a notice from Nasdaq on August 27, 2026 stating the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Quarterly Report on Form 10‑Q for the period ended June 30, 2026.
- The company filed a press release about the notice on September 2, 2026 (Exhibit 99.1). The Nasdaq notice does not have an immediate effect on the listing of REBN’s common stock.
Key Details
- Notice received: August 27, 2026; press release filed: September 2, 2026.
- Reason: Failure to file Form 10‑Q for quarter ended June 30, 2026 (noncompliance with Nasdaq Listing Rule 5250(c)(1)).
- Next steps: REBN has 60 calendar days to submit a plan to regain compliance; if Nasdaq accepts the plan it may grant up to 180 additional days from the original due date (potential deadline noted as February 16, 2027).
- If Nasdaq rejects the plan, the company may appeal to a Hearings Panel. The company stated it intends to take steps to regain compliance but gave no assurance it will meet any required timeframe.
Why It Matters
- For investors, this is a regulatory compliance notice tied to the company’s failure to timely file required financial reports (the Form 10‑Q). Timely filings are important for transparency about quarterly results, liquidity and operations.
- While the notice does not immediately affect REBN’s Nasdaq listing, continued noncompliance could lead to delisting proceedings if the company cannot file the report or secure an acceptable compliance plan.