Every material Form 8-K REED'S, INC. has filed with the SEC since August 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Reed's, Inc. entered into a third amendment to its senior secured loan with Whitebox-affiliated lenders and Cantor Fitzgerald, adding new liquidity and equity-contribution conditions. The company must receive at least $2,500,000 in cash equity contributions by November 20, 2026, or an Event of Default will occur, and it must also pay a $25,000 extension fee by that date. The company said a delay in its previously announced private placement pushed the expected closing to on or before November 20, 2026, and it has so far received $7,500,000 in gross proceeds from that placement.
Minimum liquidity covenant of not less than $11,000,000 in Cash / Inventory / AR Liquidity, tested at any time and monthly after the Increased Liquidity Period
New Event of Default if at least $2,500,000 in cash equity contributions is not received by November 20, 2026
Non-refundable $25,000 extension fee due on or before November 20, 2026; nonpayment is an Event of Default
Private placement agreement dated October 28, 2026; $7,500,000 gross proceeds received to date
Reed's, Inc. agreed on October 28, 2026 to sell 17,421,602 shares of common stock to D&D Source of Life Holding, Ltd., its majority stockholder, at $0.574 per share, for gross proceeds of approximately $10.0 million, expected to close on or about November 6, 2026. The filing says the proceeds satisfy a minimum cash equity contribution requirement under the company's senior secured loan amendment, and the company intends to use the funds for working capital and general corporate purposes.
Shares priced at $0.574 each; 17,421,602 shares; gross proceeds of approximately $10.0 million
Expected closing on or about November 6, 2026, the same deadline set by the loan amendment
Company must file a resale registration statement within 15 days after closing; target effectiveness within 70 days (90 if SEC conducts a full review)
Shares sold privately under Section 4(a)(2) and Rule 506(b), so they are unregistered
Reed's entered an amendment to its senior secured loan with Whitebox-affiliated lenders and Cantor Fitzgerald as agent, converting its revolving credit commitments into $9.25 million of term loans that cannot be re-borrowed once repaid. The amendment raises the interest rate to 8.75% from 8.00%, extends maturity to June 30, 2027, and adds a new Event of Default requiring at least $10 million of cash equity contributions by November 6, 2026, which matters to shareholders because it signals tighter financing terms and a near-term capital requirement.
Revolving credit commitments converted into $9.25 million in term loans, effective September 30, 2026
Interest rate on term loans rises to 8.75% per annum from 8.00%; optional extension period accrues at 9.25%
Maturity extended to June 30, 2027, with an optional three-month extension to September 30, 2027
New Event of Default requires at least $10 million in cash equity contributions by November 6, 2026; inventory plus receivables liquidity covenant waived through that date
On August 12, 2026, Reed's received a notice from NYSE American that it is below the $2.0 million stockholders' equity requirement and is not eligible for an exemption. NYSE American accepted the company's compliance plan that day, with a deadline of November 29, 2027 to regain compliance, and the company will face periodic reviews and possible delisting proceedings if it falls short.
Company reported a stockholders' deficit of $(1.5) million, below the $2.0 million NYSE American minimum.
NYSE American accepted the compliance plan, submitted June 26, 2026, on August 12, 2026.
Company must regain compliance by November 29, 2027, or NYSE American will initiate delisting proceedings as appropriate.
Shares continue to trade as REED with a ".BC" (below compliance) designation.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every REED'S, INC. filing is on SEC EDGAR ↗. 8-K briefs of other companies →