Archive | Press Release

Reed’s, Inc. Announces New Board Appointment

LOS ANGELES, Jan. 11, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED) (“Reed’s” or the “Company”), owner of one of the nation’s leading portfolios of handcrafted, natural beverages, today announced the appointment of Dan Doherty, Principle of Raptor/Harbor Reeds SPV LLC.  to the Reed’s Board of Directors effective January 10, 2018. Mr. Doherty commented, “As… Read More →

Gordon Brothers to Market Sale of Reed’s Los Angeles Beverage Manufacturing Plant and Branded Candy Business

BOSTON and LOS ANGELES, Jan. 08, 2018 (GLOBE NEWSWIRE) — Gordon Brothers, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors, has been retained by Reed’s, Inc. (NYSE American:REED), one of the nation’s leading portfolios of handcrafted, natural beverages, to manage the sale of its Los Angeles, California… Read More →

Reed’s, Inc. Announces NYSE American Compliance Achieved

LOS ANGELES, Jan. 03, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED) (“Reed’s” or the “Company”), owner of one of the nation’s leading portfolios of handcrafted, natural beverages, announced today that on December 28, 2017, the Company filed a Form 8-K report with the Securities and Exchange Commission announcing that at December 22, 2017, on… Read More →

Reed’s, Inc. Announces Closing of $14.0 Million Rights Offering

LOS ANGELES, Dec. 26, 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, natural beverages, announced today the closing of its rights offering (the “Offering”) of $1.50 per unit and that it raised the full gross proceeds of $14.0 million in the Offering…. Read More →

Reed’s, Inc. Announces Expiration of Oversubscribed Rights Offering

LOS ANGELES, Dec. 20, 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, announced today the expiration of the Company’s rights offering (the “Offering”) that was oversubscribed.  The subscription period for its previously announced rights offering of units at a… Read More →

Reed’s, Inc. Announces Chairman John Bello’s Intention to Participate in Company Rights Offering

LOS ANGELES, Dec. 18, 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 been informed by John Bello, chairman of Reed’s board of directors and founder of SoBe (sold to Pepsi in 2001 for $370 million),… Read More →

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 →