Nasdaq Compliance Notice

Reborn Coffee Receives Nasdaq Notice Regarding Late Filing and Compliance

Reborn Coffee, a California-based specialty coffee retailer, has received a notice from Nasdaq Listing Qualifications (Nasdaq) regarding late 10-Q Filing and Continued Listing Requirements from the company as it no longer complies with Listing Rule 5250(c)(1) for continued listing on Nasdaq. The company has 60 calendar days to submit a plan to regain compliance and Nasdaq may grant an extension of up to 180 calendar days from the prescribed due date for filing the Form 10- Q, or until until until after, to regain Compliance. However, there is no guarantee that the Form10-Q will be filed within any required timeframe or that the Company will be able to meet the continued listing requirements during any compliance period granted by Nasdaq, any extension. The Company intends to take necessary steps to regaincompliance with the Nasdaq listing rule as soon as possible.

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