8-K: Reeds Inc. Implements 1-for-6 Reverse Stock Split
Corporate Action
Reeds, Inc. has completed a 1-for-6 reverse stock split, effective October 31, 2025, to adjust its common stock structure.
Summary
- Reeds, Inc. effected a 1-for-6 reverse stock split of its common stock, par value $0.0001 per share, effective October 31, 2025, at 5:00 p.m. Eastern Time.
- The reverse stock split was authorized by D&D Source of Life Holding Ltd., a stockholder owning approximately 52.8% of the company's outstanding voting capital stock, via written consent on September 29, 2025.
- The Board of Directors was granted discretionary authority to amend the company's certificate of incorporation to effect a reverse stock split at a ratio of not less than 1-for-3 and not greater than 1-for-9.
- Approximately 8,945,620 shares of common stock were issued and outstanding after the effectiveness of the reverse stock split, prior to eliminating fractional shares.
- The company's common stock will begin trading on the OTCQX Best Market on a split-adjusted basis when the market opens on November 3, 2025.
- The new CUSIP number for the common stock following the reverse stock split is 758338404.
Sentiment
Score: 5
Explanation: The filing is purely factual, reporting a corporate action (reverse stock split) without providing any financial performance data, strategic rationale, or forward-looking statements that would indicate a positive or negative sentiment.
Future Outlook
The company's common stock will commence trading on a split-adjusted basis on the OTCQX Best Market starting November 3, 2025.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Amendment to Certificate of Incorporation | Amendment to ARTICLE FOUR of the Certificate of Incorporation to effect a 1-for-6 reverse stock split, authorized by D&D Source of Life Holding Ltd., a stockholder owning approximately 52.8% of voting capital stock. | October 31, 2025 | Consolidates outstanding shares, increases the per-share price, and modifies the company's capital structure. This action was approved by a majority stockholder. |
Stakeholder Impact
- Shareholders will hold fewer shares of common stock, but the per-share value is expected to increase proportionally.
- The total value of a shareholder's investment is not immediately changed by the reverse stock split, prior to market reaction.
Next Steps
- Common Stock to begin trading on OTCQX Best Market on a split-adjusted basis on November 3, 2025.
Key Dates
| Date | Description |
|---|---|
| 2001-09-07 | Original Certificate of Incorporation filed with the Secretary of State of the State of Delaware. |
| 2025-09-29 | D&D Source of Life Holding Ltd. authorized by written consent the granting of discretionary authority to the Board of Directors to amend the company's certificate of incorporation for a reverse stock split. |
| 2025-10-28 | Date of Report for the Form 8-K filing and date the Certificate of Amendment was signed by the Chief Financial Officer and filed with the Secretary of State of the State of Delaware. |
| 2025-10-31 | Effective date of the 1-for-6 reverse stock split at 5:00 p.m. Eastern Time. |
| 2025-11-03 | Common Stock will begin trading on OTCQX Best Market on a split-adjusted basis. |
Keywords
Reverse Stock Split, REEDS INC, REED, OTCQX Best Market, Corporate Action, Share Consolidation, Stock Structure, Delaware Corporation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.