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Stock impact report

Reborn Coffee Intends to Appeal Delisting Notice from Nasdaq [Yahoo! Finance]

Reborn Coffee, Inc. (REBN) 
Company Research Source: Yahoo! Finance
specialty coffee, today announced that it has received a notice of delisting from Nasdaq. On June 21, 2024, Reborn Coffee (the “Company”) received a staff determination letter (the “Letter”) from the Nasdaq Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that because it has not yet filed its Form 10-Q for the fiscal year ended March 31, 2024 (the “Filing”), it has failed to comply with the filing requirement set forth in Listing Rule 5250(c.)(1). As previously announced on May 15, 2024, the Company was required to dismiss BF Borgers CPA PC as the Company's independent registered public accounting firm. The Company was required to engage a new independent registered public accounting firm in order to complete and file the Form 10-Q. On May 14, 2024, the Audit Committee approved the engagement of BCRG Group (“BCRG”) as the Company's new independent registered public accounting firm. Due to the timing of the appointment of Show less Read more
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