Reborn Coffee(REBN)

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Reborn Coffee Dubai Drives European Flagship Expansion into Vienna, Florence, And Prague
Globenewswire· 2025-02-20 13:31
Core Insights - Reborn Coffee Inc. is expanding its global presence by opening flagship locations in Europe, specifically in Vienna, Florence, and Prague, with Prague set to open in June 2025 to coincide with peak tourist season [1][2][7] - The expansion is led by Reborn Coffee Dubai, which has been instrumental in the brand's success in the Middle East and is now applying its expertise to the European market [3][5] - The company is also seeking franchise and licensing partners in Europe and the Middle East, providing investment opportunities in the specialty coffee sector [4] Expansion Details - The Prague flagship store will serve as a showcase for the brand in Central Europe, aiming to attract international tourists [7] - Reborn Coffee Vienna will combine traditional coffee culture with modern specialty coffee innovations, while the Florence location will enhance the brand's presence in Italy, building on the success of its first store [7] Brand Commitment - Reborn Coffee emphasizes its commitment to excellence, sustainability, and innovation, ensuring that new locations adhere to high quality standards and signature brewing techniques [3][5] - The company differentiates itself through innovative techniques in sourcing, washing, roasting, and brewing coffee, aiming to enhance the overall coffee experience [5]
Reborn Coffee Announces Financing Commitments of up to $60.0 Million
Globenewswire· 2025-02-07 13:31
Core Viewpoint - Reborn Coffee Inc. has secured up to $60 million in financing commitments to enhance its operational liquidity and support expansive growth initiatives, including flagship store openings and product innovation [1][4][3]. Financing Details - The financing structure includes a Debenture Offering of up to $10 million and an Equity Line of Credit (ELOC) of $50 million, aimed at providing working capital and supporting future growth [2][8]. - The Debenture Offering consists of 10% original issue discount secured convertible debentures, with a purchase price of up to $9 million, expected to close in four tranches [8]. - The ELOC allows Reborn Coffee to issue and sell up to $50 million in shares of common stock, providing flexibility for capital raising [8]. Strategic Growth Plans - The company plans to accelerate national expansion, focusing on flagship store openings and enhancing its retail presence, while also introducing new products to meet changing consumer demands [4][3]. - The funding is seen as a critical foundation for scaling operations and driving innovation within the specialty coffee market [3][4]. Company Overview - Reborn Coffee, Inc. specializes in high-quality, specialty-roasted coffee and aims to differentiate itself through innovative sourcing, washing, roasting, and brewing techniques [6].
Reborn Coffee Approved as U.S. Franchisor, Sets Stage for Expansive Growth Across U.S. Markets
Globenewswire· 2025-01-23 13:31
Targeting More than 100 Locations in Three Years, Reborn Coffee Expects to Redefine Specialty Coffee with Domestic & Global GrowthBREA, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Reborn Coffee Inc (Nasdaq: REBN), a leader in the specialty coffee market, today announced its official approval as a franchisor in the United States. This landmark achievement sets the stage for an ambitious expansion plan, targeting the opening of more than 100 franchise locations nationwide within the next three years, while buil ...
Reborn Coffee Announces Strategic Joint Venture with China's AI Company Penglai Data Store to Lead and Develop Master Franchises in China, Hong Kong and Macao
Newsfilter· 2024-07-30 12:31
The newly established Reborn China will optimize franchise operations and integrate sophisticated AI features across all its stores. These AI advancements will include: While integrating AI technology, Reborn Coffee remains committed to its core values of providing exceptional specialty coffee experiences through skilled baristas serving high quality, specialty-roasted coffee. Combining human expertise and AI technology will ensure that Reborn Coffee continues to deliver unparalleled quality and service. BR ...
Reborn Coffee Provides First Quarter 2024 Corporate Update and Financial Results
Newsfilter· 2024-07-23 12:31
Q12024 Revenue Increased 35% to $1.5 Million Key Financial and Operational Highlights Signed Memorandum of Understanding ("MOU") to acquire Bbang Ssaem Bakery, one of Korea's most iconic bakery brands to upgrade footprint into the coffee and bakery sector, enhance offerings and solidify position as a premier coffee & bakery franchise in the US and South Korea. Closed a master licensing deal that will facilitate Reborn Coffee's dynamic entry into the vibrant United Arab Emirates ("UAE") market, with its firs ...
Reborn Coffee(REBN) - 2024 Q1 - Quarterly Report
2024-07-19 20:23
These risks and uncertainties include, among other things, risks related to our expectations regarding the impact of the coronavirus pandemic (the "COVID-19 pandemic"), including the easing of related regulations and measures as the pandemic and its related effects begin to abate or have abated, on our business, results of operations, financial condition, and future profitability and growth; our expectations regarding the impact of the evolving COVID-19 pandemic on the businesses of our customers, partners ...
Reborn Coffee Signs MOU to Acquire Iconic Korean Bakery Brand Bbang Ssaem Bakery
Newsfilter· 2024-07-16 12:31
This MOU is backed by significant outside investment aimed at expanding Reborn Coffee's capabilities and market reach. By bringing Bbang Ssaem Bakery under its belt, Reborn Coffee will diversify its food and beverage categories, offering customers an enhanced cafe and special bakery experience. This strategic move is poised to elevate Reborn Coffee to new heights, paving the way for future franchise opportunities across the United States. Additionally, the strong EBITDA generated by Bbang Ssaem Bakery is ex ...
Reborn Coffee Collaborates with Hagerty Garage + Social to Celebrate Hagerty's 40th Anniversary in South Florida
Newsfilter· 2024-06-28 12:31
BREA, Calif., June 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ:REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, announces its collaboration with Hagerty Garage + Social of Miami, FL, to commemorate the first-ever Hagerty Drivers Club Days, which was a threeday period of automotive events recently hosted by the Hagerty Drivers Club to celebrate its Hagerty Drivers Club (HDC) members and the company's 40th anniversary. The South Florida HDC Days event was held ...
Reborn Coffee Closes Master License Agreement for UAE
Newsfilter· 2024-06-27 12:31
BREA, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a specialty coffee retailer based in California, announced today a master licensing deal that will facilitate Reborn Coffee's dynamic entry into the vibrant UAE market, with its first flagship location set to open in Dubai, UAE. "We are truly honored to join forces with Reborn UAE in Dubai," said Jay Kim, CEO of Reborn Coffee. "Together, we aim to elevate the coffee experience in the UAE by deliv ...
Reborn Coffee Launches on Amazon, Expanding OMNI-Channel Strategy for E-Commerce Growth
Newsfilter· 2024-06-18 12:31
BREA, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced its official launch on Amazon. This strategic move enhances the Company's OMNI-channel approach, aiming to drive substantial revenue growth and capture a wider online customer base. A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/54886b8f-2183-4ab9-be16-5867dc30714b Accordi ...