Reborn Coffee, Inc. ( (REBN) ) has released a notification of late filing.
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Reborn Coffee, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The company cites that the report could not be completed by the deadline without incurring unreasonable effort or expense. However, they anticipate filing the report within a five-day extension period as allowed under Rule 12b-25. The company does not expect any significant changes in its financial results compared to the same period last year, indicating stability in its operations. Reborn Coffee is committed to maintaining compliance, with CEO Jay Kim signing off on the notification.
Spark’s Take on REBN Stock
According to Spark, TipRanks’ AI Analyst, REBN is a Neutral.
Reborn Coffee, Inc. faces significant financial and operational challenges, with strong revenue growth overshadowed by persistent losses and high leverage. Technical indicators suggest mixed momentum, while valuation metrics highlight the impact of ongoing unprofitability. The rescission of a key agreement adds strategic uncertainty, further impacting the stock’s outlook.
To see Spark’s full report on REBN stock, click here.
More about Reborn Coffee, Inc.
Average Trading Volume: 382,385
Technical Sentiment Signal: Sell
Current Market Cap: $13.71M
See more insights into REBN stock on TipRanks’ Stock Analysis page.