Reed's, Inc. Announces Closing of $14.0 Million Rights Offering
Reeds, Inc. (REED)
Last reeds, inc. earnings: 3/12 04:14 pm
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US:NASDAQ Investor Relations:
reedsinc.com/investors
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Source: GlobeNewswire
LOS ANGELES, Dec. 26, 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, natural beverages, announced today the closing of its rights offering (the “Offering”) of $1.50 per unit and that it raised the full gross proceeds of $14.0 million in the Offering. Pursuant to the Offering, Reed’s sold 9,333,333 units that consisted of one share of common stock and 1/2 of a warrant. Each whole warrant is exercisable to purchase one share of common stock at an adjusted exercise price of $2.025 per share for three years from the date of issuance. Investors who participated in the Offering should expect to see shares in their account within the next three business days. Additionally, the balance of funds that were not allocated to the oversubscription of the Offering will be returned to participants via the method funded within the next three business days. Maxim Group LLC acted as the dealer
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REED
News
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reeds (REED) Upgraded to Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reed's Reports Fourth Quarter and Full Year 2023 Results and Issues 2024 Financial Outlook [Yahoo! Finance]Yahoo! Finance
REED
Earnings
- 11/9/23 - Beat
REED
Sec Filings
- 4/4/24 - Form 4/A
- 4/3/24 - Form 8-K/A
- 4/2/24 - Form 8-K
- REED's page on the SEC website