Reed's, INC 8-K filings

Reeds, Inc. received a deficiency notice from NYSE American for failing to meet continued listing standards regarding stockholder equity, though a compliance plan has been accepted.

Reeds, Inc. announced its second quarter 2026 financial results, highlighting a year-over-year net sales decrease but sequential growth, alongside improved gross margins and reduced operating expenses.

Reeds, Inc. announced the approval of its 2026 Equity Incentive Plan and the ratification of its independent auditor at its annual stockholder meeting.

Reeds, Inc. announced first quarter 2026 financial results, showing a significant decrease in net sales and gross profit, alongside an increased net loss, attributed to inventory rationalization and higher costs.

Reeds, Inc. has appointed former executive Damian Warshall as Chief Operating Officer to lead operational scaling and supply chain efficiency.

Reeds, Inc. has formalized the separation agreement with former CEO Cyril A. Wallace, Jr., detailing severance and equity compensation.

Reeds, Inc. announced its 2026 Annual Meeting of Stockholders will be held on June 10, 2026, with deadlines for stockholder proposals and nominations set for April 18, 2026.

Reeds, Inc. announced the resignation of CEO Cyril A. Wallace, Jr., effective March 24, 2026, with COO Neal M. Cohane appointed as interim CEO and director.

Reeds, Inc. announced its fourth quarter and full year 2025 financial results, revealing a decline in net sales and gross profit but sequential quarterly improvements, alongside a significant leadership transition with Neal Cohane appointed Interim CEO.

Reeds, Inc. announced the appointment of Neal Cohane as its new Chief Operating Officer, effective January 5, 2026.

Reeds, Inc. successfully closed a public offering raising approximately $9.0 million and uplisted its common stock to the NYSE American, while also amending its corporate bylaws.

Reeds, Inc. announced its third quarter 2025 financial results, showing a 4% net sales increase and a strategic focus on operational improvements, leadership appointments, and a planned major stock exchange uplisting.

Reeds, Inc. has completed a 1-for-6 reverse stock split, effective October 31, 2025, to adjust its common stock structure.

Reeds, Inc. stockholders authorized the Board of Directors to effect a reverse stock split at a ratio between 1-for-3 and 1-for-9.

Reeds Inc. has amended its Senior Secured Loan and Security Agreement, reducing its revolving credit facility to $9.25 million while extending the maturity date to September 30, 2026.

Reeds, Inc. has amended its bylaws to establish exclusive forums for internal corporate and Securities Act claims, effective immediately.

Reeds, Inc. announced the closing of a $5.0 million private placement of common stock and the appointment of Michael Tu as an independent director to its Board.

Reeds, Inc. announced a corporate reorganization, the appointment of Tina Reejsinghani as Chief Marketing Officer, and the resignation of Chief Commercial Officer Christopher Burleson.

Reeds, Inc. announced a significant net loss of $6.0 million in Q2 2025, driven by a 20% drop in net sales and substantial inventory write-offs.

Reeds, Inc. has announced a significant management reassignment, with its Chief Financial Officer assuming principal accounting duties, alongside a $1.6 million settlement agreement with an investment bank.

Reeds, Inc. announced it has raised approximately $3 million through the issuance of common stock in a private placement, with its majority stockholder, D&D Source of Life Holding, Ltd., acting as the lead investor.

Reeds, Inc. announced a 4.5% increase in net sales for Q1 2025, but also reported a larger operating loss and modified EBITDA loss compared to the same period last year.

Reeds, Inc. appoints Cyril Wallace as CEO, succeeding Norman E. Snyder, Jr., who is retiring, and welcomes Ruud Bakker to the Board of Directors.

Reeds, Inc. announces its Q4 and full year 2024 financial results, highlighting improved gross margins and strategic initiatives for future growth despite a decrease in net sales.

Lewis Jaffe resigns from Reeds, Inc.'s Board of Directors effective March 31, 2025, due to disagreements over corporate governance and strategic direction.

Reeds, Inc. announces key leadership changes, including the appointment of Douglas McCurdy as CFO and Salvatore Vassallo as Vice President of Operations, effective February 10, 2025.

Reeds, Inc. amends its shareholder agreement with D&D Source of Life Holding Ltd. to formalize board representation and observer rights, appointing Mr. Yumin Dai as the board observer.

Reeds, Inc. successfully closed a $10 million private placement, issuing approximately 14.7 million shares of common stock to accredited investors.

Reeds Inc. has entered into a $10 million senior secured credit facility, using the proceeds to refinance existing debt and for working capital, while also restructuring its convertible notes with its majority shareholder.

Reeds Inc. announced its Q3 2024 financial results, highlighting a significant drop in net sales and gross profit, but also securing a new $10 million credit facility and the assumption of secured notes by its majority stockholder.