Reborn Coffee (REBN) announced the signing of a $1.3M exclusive master licensing agreement with Reborn Health Goods, granting it full rights to develop and sublicense Reborn Coffee locations throughout mainland China. Under this agreement, Reborn Health Goods will serve as the exclusive master licensee for the Chinese market. As part of its role, the company will oversee national operations and expansion efforts, including executing direct store developments and coordinating regional sublicensing partnerships aligned with Reborn Coffee’s brand standards and growth objectives.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REBN:
- Reborn Coffee signs licensing agreement with Arjomand Group, IG International
- Reborn Coffee secures $1.7M master license agreement with Arjomand
- Reborn Coffee says company-operated store average sales up 32% in Q2-to-date
- Reborn Coffee reports positive store-level sales trend in Q2
- Reborn Coffee Receives Nasdaq Delisting Warning
