REED
Reed's, Inc.3.4300
+0.0300+0.88%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
39.26MP/E (TTM)
4.76Basic EPS (TTM)
0.72Dividend Yield
0%Recent Filings
8-K
8-K
8-K
Reverse stock split approved
Reed's, Inc. secured approval from major shareholder D&D Source of Life Holding Ltd., holding 52.8% of voting stock, for a reverse stock split of its common shares at a ratio between 1-for-3 and 1-for-9, without reducing authorized shares. The board gained discretion to implement this via charter amendment, with effectiveness possible after filing a definitive Information Statement on or after October 20, 2025. This move aims to boost share price compliance. No financial impacts disclosed.
8-K
Bylaws amendment sets forum
Reed's, Inc. amended its bylaws on September 25, 2025, designating Delaware's Court of Chancery as the exclusive forum for derivative actions and fiduciary duty claims, while federal courts handle Securities Act disputes. This move streamlines litigation venue, potentially cutting costs and uncertainties for the beverage company. No financial impact disclosed. Bylaws changes like this sharpen governance edges.
8-K
Reed's raises $5M in PIPE
Reed's, Inc. closed a $5.0 million private placement on September 15, 2025, issuing 5 million common shares at $1.00 each to six accredited investors, bolstering working capital amid a looming $10 million debt maturity. The deal, exempt under Section 4(a)(2), includes registration rights for resale. Board shakeup: Randle Lee Edwards resigned September 10 without discord; Michael Tu, an independent nominee from majority shareholder D&D, joined September 15. Fresh cash aids liquidity, yet dilution hits existing holders.
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