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Stock impact report

Reed's announces closing of $14M rights offering [Seeking Alpha]

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: Seeking Alpha
Reed's announces closing of $14M rights offeringReed’s (REED) announced the closing of its rights offering of $1.50 per unit and that it raised the full gross proceeds of $14M 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.Maxim Group LLC acted as the dealer-manager in the Offering.Press ReleaseClick to subscribe to real-time analytics on REEDNow read:Dividend Aristocrats In Focus Part 50: Coca-Cola » Show less Read more
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