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Reborn Coffee intends to appeal delisting notice from Nasdaq

Reborn Coffee announced that it has received a notice of delisting from Nasdaq. On June 21, Reborn Coffee the received a staff determination letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market notifying the Company that because it has not yet filed its Form 10-Q for the fiscal year ended March 31 it has failed to comply with the filing requirement set forth in Listing Rule 5250(c.)(1). As previously announced on May 15, 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.

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