Reborn Coffee, Inc. Notified of Nasdaq Non‑Compliance Over Low Equity

What Happened
Reborn Coffee, Inc. (REBN) filed an 8‑K on Sept. 22, 2026 reporting that Nasdaq notified the company on Sept. 16, 2026 that it is not in compliance with the Nasdaq Capital Market minimum stockholders’ equity requirement (Rule 5550(b)(1)). In its June 30, 2026 Form 10‑Q (filed Sept. 14, 2026) the company reported stockholders’ equity of $735,642, well below the $2,500,000 minimum required. The 8‑K also notes that a prior deficiency for failing to timely file the June 30 Form 10‑Q (Rule 5250(c)(1)) was cured by the Sept. 14 filing and that matter is closed.

Key Details

• Stockholders’ equity reported in the June 30, 2026 Form 10‑Q: $735,642 (Nasdaq minimum: $2,500,000).
• Nasdaq notice received: Sept. 16, 2026; company has 45 calendar days (until Nov. 2, 2026) to submit a plan to regain compliance.
• If Nasdaq accepts the plan, it may grant up to 180 calendar days from the notice date to regain compliance; if not accepted, the company may appeal to a Nasdaq Hearings Panel.
• The notice does not have any immediate effect on the listing of the company’s common stock; the company is evaluating options and intends to submit a compliance plan.

Why It Matters
This is a material listing risk: if Reborn Coffee cannot get its stockholders’ equity above Nasdaq’s threshold (or meet an alternative standard) and Nasdaq does not grant an extension or accept its recovery plan, the company could face delisting. For investors, delisting can reduce liquidity, limit access to institutional investors, and negatively affect share value. The company’s immediate listing is unaffected, but the next weeks are important as Reborn Coffee works with Nasdaq on a path to regain compliance.