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AI brief of an SEC Form 8-K · REED'S, INC. (REED)

Reed's completes $10.0 million private placement sold to majority stockholder

Mixed Impact 4 of 5 financing

Reed's closed a private placement on November 9, 2026, issuing common stock to its majority stockholder, D&D Source of Life Holding, Ltd., for approximately $10.0 million in gross proceeds before offering expenses. The proceeds satisfied a requirement under the company's Senior Secured Loan and Security Agreement, as amended, to receive at least $10.0 million in cash equity contributions by November 20, 2026. The filing does not state the number of shares issued.

Key points

  • Issued common stock to majority stockholder D&D Source of Life Holding, Ltd. on November 9, 2026
  • Aggregate gross proceeds of approximately $10.0 million, before offering expenses
  • Met the loan agreement's requirement of at least $10.0 million in cash equity contributions due by November 20, 2026
  • Purchase Agreement was entered into October 28, 2026; its form was filed as Exhibit 10.1 to the November 3, 2026 8-K

The filing

CompanyREED'S, INC. (REED)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:52 PM ET
Accession number0001493152-26-050751

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 5:21 PM ET, from this filing only.

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.