Reborn Coffee, Inc. Enters into Forbearance Agreement with Arena Investors

Reborn Coffee, Inc. has entered into a Forbearance Agreement with Arena Investors to address a delay in payments related to a previous Securities Purchase Agreement and convertible debentures. The agreement, dated March 31, 2026, stipulates that the Arena Investors will waive their rights and remedies concerning the delay and any existing defaults. In return, Reborn Coffee has agreed to make specific cash payments on April 6, 2026, April 20, 2026, and a recurring monthly payment starting May 2026 until the debentures are fully repaid or converted. Additionally, the company will issue warrants for 250,000 shares of common stock to the Arena Investors and commit to filing a registration statement for these shares. The company is also issuing these warrants under an exemption from registration requirements, with the investors being accredited. This filing details the terms of the forbearance, the payment schedule, and the issuance of warrants, incorporating by reference the full text of the Forbearance Agreement and Form of Forbearance Warrant.