Your email has been successfully added to our mailing list.

×
0 -0.0108108108108108 -0.00540540540540541 -0.0702702702702703 -0.0108108108108108 -0.0108108108108108 -0.0301081081081082 -0.0221621621621621
Stock impact report

Reborn Coffee Closes Acquisition of 58% Stake in South Korea's Bbang Ssaem Bakery [Yahoo! Finance]

Reborn Coffee, Inc. (REBN) 
Company Research Source: Yahoo! Finance
BREA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, is pleased to announce the successful acquisition of a 58% stake in Bbang Ssaem Bakery, a leading bakery chain with 31 locations across South Korea. This acquisition follows the previously signed MOU between the two companies, solidifying Reborn Coffee's commitment to expanding its offerings and establishing a strong presence in the bakery sector. Bbang Ssaem's established presence in the Korean market, combined with Reborn Coffee's specialty coffee expertise, creates a unique opportunity to enhance brand strength. This acquisition also serves as a launchpad for Reborn Coffee's entry into the South Korean franchise market, delivering premium coffee and bakery experiences to new locations through a scalable and accessible model. With Bbang Ssaem Bakery's trailing twelve months revenue through November 2024, an estimated $7 million, this acquisition positions Rebor Show less Read more
Impact Snapshot
Event Time:
REBN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for REBN alerts
Opt-in for
REBN alerts

from News Quantified
Opt-in for
REBN alerts

from News Quantified