• Reborn Coffee shareholders authorized a private placement of up to 10,500,000 shares of common stock at USD 2 per share, targeting gross proceeds of USD 21 million.
• Offering structured for multiple closings, including an initial sale of 1,400,000 shares for USD 2.8 million.
• Second closing covers up to 9,100,000 shares for up to USD 18.2 million, tied to issuance of 20% or more of common stock outstanding.
• Company had 8,213,455 common shares outstanding as of May 6, 2026, implying material dilution if full amount is issued.
• Proceeds earmarked for store expansion, brand development, working capital, multi-channel distribution growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reborn Coffee Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-054929), on May 12, 2026, and is solely responsible for the information contained therein.