Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · REED'S, INC. (REED)

Reed's Announces $10.0 Million Private Placement to Majority Stockholder D&D

Neutral Impact 4 of 5 financing Written later

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.

Key points

  • 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

The filing

CompanyREED'S, INC. (REED)
Form8-K, current report
Filed with the SECNov 3, 2026, 4:00 PM ET
Accession number0001493152-26-049780

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.

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.