Archive | Press Release

Reed’s, Inc. Announces Repricing of Rights Offering and Extension of Expiration Date

LOS ANGELES, Dec. 11, 2017 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED) (“Reed’s” or the “Company”), owner of one of the nation’s leading portfolios of handcrafted, all-natural beverages, today announced that it has adjusted the subscription price and related pricing information for its previously announced rights offering. The subscription pricing is now fixed at $1.50… Read More →

Reed’s Inc. Reminds Shareholders of Current Key Dates and Pricing Information Related to the Pending Rights Offering

LOS ANGELES, Dec. 06, 2017 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED) (“Reed’s” or the “Company”), owner of one of the nation’s leading portfolios of handcrafted, all-natural beverages, today announced that it has adjusted the subscription price and related pricing information for its previously announced rights offering. The subscription price is now fixed at $1.75… Read More →

Reed’s Inc. Announces New Strategic Partnerships Planned to Drive Significant Improvements in Net Margins and Profitability

LOS ANGELES, Dec. 04, 2017 (GLOBE NEWSWIRE) — Reed’s, Inc. (NYSE American:REED), one of the nation’s leading portfolios of handcrafted, all-natural beverages announced that it has secured multi-year contracts with Owen-Illinois as its exclusive glass supplier and R.C. Moore as its primary logistics partner for North America.  The Company also announced the engagement of Gordon… Read More →

Reed’s, Inc. Announces Appointment of Maxim Group to Lead Rights Offering

LOS ANGELES, Nov. 22, 2017 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED) (“Reed’s” or the “Company”), owner of one of the nation’s leading portfolios of handcrafted, all-natural beverages, today announced the appointment of Maxim Group LLC as dealer-manager along with the details of the Company’s planned rights offering.  “Maxim Group has a solid understanding of… Read More →

Reed’s, Inc. Announces 2017 Third Quarter Results

LOS ANGELES, Nov. 13, 2017 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced financial results for the fiscal third quarter ended September 30, 2017. Financial Overview: For the third quarter 2017 compared to the third quarter 2016: Net sales were $10.9 million versus $12.3… Read More →

Reed’s, Inc. Announces Participation in the Maxim Group’s Innovative Leaders in Beverage Conference

LOS ANGELES, Nov. 07, 2017 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Val Stalowir, the Company’s Chief Executive Officer, will be participating in the Maxim Group’s Innovative Leaders in Beverage Conference on Thursday November 9, 2017, at Maxim’s executive offices in New… Read More →

Reed’s Inc. to Discuss Third Quarter 2017 Financial Results on Monday, November 13th

LOS ANGELES, Nov. 03, 2017 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to issue its financial results for the third quarter ended September 30, 2017 on Monday, November 13, 2017. The Company plans to release its earnings results that day… Read More →

Reed’s, Inc. Announces New Board Member Nominees Jim Bass and Scott R. Grossman

LOS ANGELES, Sept. 05, 2017 (GLOBE NEWSWIRE) — Reed’s, Inc. (NYSE American:REED), owner of America’s #1 selling Ginger Beer and the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Jim Bass and Scott R. Grossman have been included on the Company’s slate of director candidates being presented by the Company to all shareholders… Read More →

Reed’s, Inc. Chairman John Bello Purchases 147,047 Shares of Common Stock

LOS ANGELES, Aug. 29, 2017 (GLOBE NEWSWIRE) — Reed’s, Inc. (NYSE American:REED), owner of America’s #1 selling Ginger Beer and the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that on August 24, 2017, Chairman John Bello purchased 117,647 shares of Reed’s, Inc. common stock at the market price of $1.70 per share. Chairman… Read More →

Reed’s Inc. Announces Second Quarter Results

LOS ANGELES, Aug. 14, 2017 (GLOBE NEWSWIRE) — Reed’s, Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the financial results for its fiscal second quarter ended June 30, 2017. Select Financial Information for Second Quarter 2017 versus Second Quarter 2016 Second quarter net sales revenue decreased 19% to… Read More →