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0.0357142857142857 0.0357142857142857 0.0357142857142857 0.0321428571428573 1.58603289232165E-16 1.58603289232165E-16 1.58603289232165E-16 1.58603289232165E-16
Stock impact report

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

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
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), that he intends to participate for up to $400,000 of the rights offering. Chairman Bello commented, “Reed’s is ready to re-establish its rightful place as a prominent and dominant force in the craft beverage marketplace.  We are well positioned with on trend superior products, a committed and experienced team, and with sufficient resources we believe that we will make Reed’s a powerhouse sales and marketing company. Reed’s is primed for accelerated growth and I am excited to be a part of it.” Additional Details About the Rights Offering:On December 11, 2017 the Company announced that it has adjusted the subscription price and related Show less Read more
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