DelistingSep 22, 2026, 04:24 PM
Reborn Coffee Faces Delisting Risk Over Stockholders' Equity
AI Summary
Reborn Coffee, Inc. received a notice from Nasdaq indicating it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on The Nasdaq Capital Market. The company reported stockholders' equity of $735,642 as of June 30, 2026, which is below the required $2,500,000. Reborn Coffee has 45 days, until November 2, 2026, to submit a plan to regain compliance. Separately, the company has resolved a prior notice regarding the late filing of its June 30, 2026, quarterly report.
Key Highlights
- Reborn Coffee received notice from Nasdaq for non-compliance with minimum stockholders' equity requirement.
- Company reported stockholders' equity of $735,642 as of June 30, 2026, below the $2.5 million minimum.
- Company has until November 2, 2026, to submit a plan to regain compliance.
- Nasdaq previously notified the company of non-compliance due to failure to file June 30, 2026, Form 10-Q, which has since been resolved.
Price Impact
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