STOCK TITAN

Reed’s raises about $10M in private stock placement

Proceeds satisfied the amended loan agreement’s requirement for at least $10.0 million in aggregate cash equity contributions by November 20, 2026.

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Form Type
8-K

Rhea-AI Filing Summary

Reed’s, Inc. completed a private placement of common stock to its majority stockholder, D&D Source of Life Holding, Ltd., on November 9, 2026, receiving approximately $10.0 million in aggregate gross proceeds before offering expenses payable by the company. The proceeds satisfied a requirement under the amended Senior Secured Loan and Security Agreement for the company to receive at least $10.0 million in aggregate cash equity contributions by November 20, 2026.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Aggregate gross proceeds Approximately $10.0 million Private placement proceeds before offering expenses payable by Reed’s, Inc.
Cash equity contribution requirement At least $10.0 million Required under the amended Senior Secured Loan and Security Agreement by November 20, 2026
Private placement completion date November 9, 2026 Date the company completed the private placement and issued the shares
private placement financial
"issuance and sale of the Company’s common stock in a private placement"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
aggregate gross proceeds financial
"for aggregate gross proceeds of approximately $10.0 million"
Aggregate gross proceeds are the total amount of money a company expects to receive from a securities offering or financing before any fees, expenses or deductions are taken out. For investors, this number shows the scale of new capital entering the business—like the size of a fuel tank refill—and helps gauge how much cash will be available to pay debts, fund growth or dilute existing ownership.
Senior Secured Loan and Security Agreement financial
"under the Senior Secured Loan and Security Agreement, as amended"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did REED raise in the private placement?

Reed’s, Inc. received approximately $10.0 million in aggregate gross proceeds from the private placement, before offering expenses payable by the company.

What loan requirement did REED’s private placement satisfy?

Reed’s, Inc.’s receipt of the proceeds satisfied a requirement under its amended Senior Secured Loan and Security Agreement to receive at least $10.0 million in aggregate cash equity contributions by November 20, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 9, 2026

 

REED’S, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-32501   35-2177773

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

501 Merritt 7 Corporate Park, Norwalk, CT 06851

(Address of principal executive offices and zip code)

 

Not applicable

(Former name or former address if changed since last report)

 

Registrant’s telephone number, including area code: (800) 997-3337

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
 Common stock, $0.0001 par value per share   REED   NYSE American LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 8.01 Other Events.

 

As previously disclosed, on October 28, 2026, Reed’s, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with D&D Source of Life Holding, Ltd., the Company’s majority stockholder (the “Investor”), for the issuance and sale of the Company’s common stock in a private placement (the “Private Placement”). On November 9, 2026, the Company completed the Private Placement and issued the Shares to the Investor for aggregate gross proceeds of approximately $10.0 million, before deducting offering expenses payable by the Company.

 

The Company’s receipt of the gross proceeds from the Private Placement satisfied the requirement under the Senior Secured Loan and Security Agreement, as amended, that the Company receive aggregate cash equity contributions of at least $10.0 million no later than November 20, 2026.

 

The foregoing description of the Purchase Agreement is not complete and is qualified in its entirety by reference to the full text of the form of the Purchase Agreement, a copy of which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on November 3, 2026, and is incorporated herein by reference.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Reed’s, Inc.
   
Dated: November 9, 2026 By: /s/ Douglas W. McCurdy
    Douglas W. McCurdy
    Chief Financial Officer

 

 

 

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