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REED'S, INC.Bullish
Reed's, Inc. has entered into an amendment to its senior secured loan agreement, converting existing revolving credit commitments into a $9.25 million term loan with a maturity date of June 30, 2027. The company is now required to secure at least $10 million in aggregate cash equity contributions by November 6, 2026, with failure to do so constituting an event of default.…more
REED'S, INC.
Reed's, Inc. has filed a Form S-8 registration statement to issue up to 1,300,000 shares of common stock under its 2026 Equity Incentive Plan. These shares are reserved for employee stock options and restricted stock units, with an automatic annual increase provision of 5% of the total outstanding shares starting January 1, 2027, through 2036.…more
REED'S, INC.
Reed's, Inc. reported net sales of $7.488 million for the second quarter of 2026, down from $9.523 million in the same period last year, with a stockholders' deficiency of $1.485 million as of June 30, 2026. The company also established the 2026 Equity Incentive Plan to facilitate the granting of stock options and restricted stock units (RSUs).…more
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Reed’s Issues Statement on Unusual Market Activity
Reed’s announced that it is aware of recent unusual trading activity in its common stock but has no material business developments to explain the movement. The company issued this statement in compliance with NYSE American regulations to clarify that there is no undisclosed information.…more
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Reed’s has converted its existing revolving credit facility into a $9.25 million term loan with an extended maturity date. However, the agreement requires the company to secure at least $10 million in cash equity contributions by November 6, 2026.…more
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Reed’s has received a deficiency notice from the NYSE American due to stockholders' deficit and recurring net losses. The company has submitted a compliance plan that was accepted, with a deadline to regain full listing compliance by November 29, 2027.…more
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