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GlobeNewswire·

Reborn Coffee Signs $20 Million Annual Supply Agreement with The Mighty Oak, Strengthening Its Revenue Base and Profitability Through the Conversion of Existing Supply Volume

REBN
  • Reborn Coffee Inc. signed a minimum $20 million annual agricultural supply agreement with The Mighty Oak Inc.
  • The deal converts proven supply volume from The Mighty Oak's established North American grocery channels into Reborn's supply chain.
  • Reborn projects total annual revenue will grow to approximately $28 million, roughly 3.5 times its 2025 results.
  • The company is launching a North American agricultural import business to improve margins by reducing outsourced logistics costs.
  • Reborn plans to adopt an AI-based demand forecasting solution for precise supply-and-demand management.
  • Logistics operations will progressively transition in-house through Reborn Coffee's subsidiary, Reborn Logistics.
  • CEO Jung Jae Lim stated the partnership creates a foundation for tangible revenue generation & profitability-focused financial structures.
  • The Mighty Oak CEO Simon Jung highlighted the synergy between their sales network & Reborn's AI & logistics capabilities to build a high-value supply chain model.
  • Detailed terms of the agreement are available in the Form 8-K filing submitted to the U.S. Securities and Exchange Commission.
  • A footnote clarified that The Mighty Oak CEO's $70 million prior track record figure reflects past professional experience & is not a projection of Reborn's future performance.