Reborn Coffee shares surge 10.06% intraday after confirming Nasdaq compliance with minimum stockholders’ equity requirement.

Reborn Coffee surged 10.06% intraday after announcing it has regained compliance with Nasdaq’s minimum stockholders’ equity requirement, resolving prior noncompliance concerns and canceling a scheduled hearing with the Nasdaq Hearings Panel. The update confirmed the company now meets all continued listing standards, ensuring its common stock remains listed on the Nasdaq Capital Market. This resolution alleviated investor fears of potential delisting, directly supporting the intraday price rally.