Core Viewpoint - Reborn Coffee, Inc. has regained compliance with Nasdaq's minimum stockholders' equity requirement and will continue to be listed on the Nasdaq Capital Market [1][2]. Group 1: Compliance and Listing Status - The company received notice from Nasdaq confirming compliance with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b) [1]. - As a result of regaining compliance, the previously scheduled hearing before the Nasdaq Hearings Panel has been cancelled [2]. - The company's common stock will continue to be listed and traded on the Nasdaq Capital Market [2]. Group 2: Company Overview - Reborn Coffee, Inc. is a California-based specialty coffee retailer focused on delivering high-quality, handcrafted coffee experiences [3]. - The company is dedicated to innovation and is redefining the coffeehouse model through premium products and technology-forward initiatives [3].
Reborn Coffee Regains Compliance with Nasdaq Stockholders’ Equity Requirement