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Nasdaq notifies Reborn Coffee of non-compliance with $2.5M minimum stockholders’ equity requirement
REBNReborn Coffee, Inc.
Reborn Coffee, Inc. received a notice from Nasdaq on September 16, 2026, indicating it no longer complies with the minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) mandates a minimum equity of $2,500,000, whereas the company reported stockholders’ equity of only $735,642 in its June 30, 2026 Form 10-Q. The company also fails alternative compliance standards regarding market value or net income. Reborn Coffee has until November 2, 2026, to submit a plan to regain compliance and may request an extension of up to 180 days. While the notice has no immediate effect on trading, there is no assurance that Nasdaq will accept the company's plan or that the company can successfully restore compliance. Reborn Coffee operates in the food and beverage industry, specifically owning and operating coffee shops.