Reborn Coffee Terminates Equity Purchase Agreement

The latest update is out from Reborn Coffee, Inc. ( (REBN) ).

Reborn Coffee, Inc. entered into a Standby Equity Purchase Agreement with YA II PN, Ltd. on February 12, 2024, allowing the company to sell up to $5,000,000 of its common stock until March 1, 2027. However, on February 5, 2025, Reborn Coffee terminated the agreement effective February 12, 2025, having sold no shares except for 64,656 shares issued to Yorkville as consideration, and incurred no penalties or fees.

More about Reborn Coffee, Inc.

YTD Price Performance: 155.88%

Average Trading Volume: 2,493,470

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $18.55M

For detailed information about REBN stock, go to TipRanks’ Stock Analysis page.