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-0.278068210107045 -0.240726910629823 -0.128703012198158 -0.128703012198158 -0.203385611152601 -0.153597211849639 -0.179736121483694 -0.179736121483694
Stock impact report

Reed’s Inc. Announces Proposed Public Offering of Common Stock

Reeds, Inc. (REED) 
Last reeds, inc. earnings: 3/12 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: reedsinc.com/investors
Company Research Source: GlobeNewswire
NORWALK, Conn., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Reed’s Inc. (NASDAQ: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to offer shares of its common stock in an underwritten public offering. Reed’s also expects to grant to the underwriters of the offering a 45-day option to purchase additional shares of common stock offered in the underwritten public offering on the same terms and conditions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Roth Capital Partners is acting as sole book-running manager for the offering. National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. (NASDAQ:NHLD) is acting as co-manager. Reed’s intends to use the net proceeds of the offering for the repayment of approximately $4.6 million under its senior credit faci Show less Read more
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