Reborn Coffee to Produce 4th Wave Cold Brew with New Design in Collaboration with Global Partners
25 Novembre 2024 - 2:31PM
Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee
retailer, today announced its readiness to mass produce its newly
designed 4th Wave Cold Brew line, with production scheduled to
begin in early Q1 2025 in the United States, Malaysia, and Korea.
This milestone follows Reborn's twice-earned recognition in
prestigious U.S. cold brew contests, further strengthening its
reputation for delivering premium cold brew beverages.
This next-generation cold brew exemplifies
Reborn Coffee’s commitment to redefining industry standards with
advanced design and innovation. Building on the success of prior
collaborations—such as the exclusive “Miami Passion” cold brew that
was presented during an F1 event with Hagerty Garage + Social in
Miami which captivated motorsport enthusiasts, and the luxury cold
brew pairing with Brugal which brought Reborn’s craftsmanship to a
premium spirits audience—the company is poised to expand its reach
to global markets.
"Cold brew remains one of the fastest-growing
segments in the coffee industry, and Reborn Coffee is dedicated to
leading the way with unmatched quality, innovation, and reach,"
said Jay Kim, CEO of Reborn Coffee. "Our 4th Wave Designed Cold
Brew launch represents a pivotal step in our mission to elevate the
global coffee experience and drive long-term growth."
Reborn’s cold brew line is tailored to serve
diverse markets, including hotels, B2B channels, large retailers,
and local distribution networks. With production scheduled to
commence early next year, this initiative positions Reborn Coffee
to capture significant market share while meeting the growing
demand for premium cold brew products.
As the company prepares for this major launch,
Reborn Coffee continues to innovate and expand its product
portfolio, delivering "the best of the best" to coffee enthusiasts
worldwide.
About Reborn
Coffee
Reborn Coffee, Inc. (NASDAQ: REBN) focuses on
delivering high-quality, specialty-roasted coffee at retail
locations, kiosks, and cafes. Committed to innovation and
excellence, Reborn Coffee elevates the coffee experience through
advanced technology and premium service, while honoring traditional
brewing techniques. The company stands out through unique
processes, including the meticulous sourcing, washing, roasting,
and brewing of coffee beans with a balance of precision and
craftsmanship. For more information, please visit
www.reborncoffee.com.
Forward-Looking Statements
All statements in this release that are not
based on historical fact are “forward-looking statements.” While
management has based any forward-looking statements included in
this release on its current expectations, the information on which
such expectations were based may change. Forward-looking statements
involve inherent risks and uncertainties which could cause actual
results to differ materially from those in the forward-looking
statements, as a result of various factors including those risks
and uncertainties described in the Risk Factors and Management’s
Discussion and Analysis of Financial Condition and Results of
Operations sections of our recent filings with the Securities and
Exchange Commission (“SEC”) including our Form 10-Q for the first
quarter of 2023, which can be found on the SEC’s website at
www.sec.gov. Such risks, uncertainties, and other factors include,
but are not limited to, the Company’s ability to continue as a
going concern as indicated in an explanatory paragraph in the
Company’s independent registered public accounting firm’s audit
report as a result of recurring net losses, among other things, the
Company’s ability to successfully open the additional locations
described herein as planned or at all, the Company’s ability to
expand its business both within and outside of California
(including as it relates to increasing sales and growing Average
Unit Volumes at our existing stores), the degree of customer
loyalty to our stores and products, the impact of COVID-19 on
consumer traffic and costs, the fluctuation of economic conditions,
competition and inflation. We urge you to consider those risks and
uncertainties in evaluating our forward-looking statements. We
caution readers not to place undue reliance upon any such
forward-looking statements, which speak only as of the date made.
The Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law.
Contacts
Investor Relations
Contact:Chris TysonExecutive Vice President MZ
North America REBN@mzgroup.us949-491-8235
Company Contact: Reborn Coffee, Inc.
ir@reborncoffee.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/aa3c4c08-ef47-4629-bc06-ebc2c16996e1
Grafico Azioni Reborn Coffee (NASDAQ:REBN)
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Grafico Azioni Reborn Coffee (NASDAQ:REBN)
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