Reborn Coffee Inc. Announces Private Stock Sales Totaling $5.5 Million to Accredited Investors
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Reborn Coffee Inc. has entered into private securities agreements with accredited investors, raising $5.5 million. The company will issue shares to Charles Jeong and Zonglin Guo at $5.45 per share, with payments in installments. The funds will be used for working capital and corporate purposes. The transactions rely on exemptions from registration under the Securities Act. This information was published via the SEC's EDGAR system.
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