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Stock impact report

Reed's Inc. Reminds Shareholders of Current Key Dates and Pricing Information Related to the Pending 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. 06, 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 adjusted the subscription price and related pricing information for its previously announced rights offering. The subscription price is now fixed at $1.75 per unit, with each unit consisting 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 exercise price of $2.36 per share for three years from the date of issuance. The subscription period for the rights offering commenced on December 5, 2017, and the subscription rights will expire, if they are not exercised, by 5:00 PM Eastern Time, on December 15, 2017, unless extended by the Company. If exercising subscription rights through a broker, dealer, bank or other nominee, rights holders should promptly contact their nominee and submit su Show less Read more
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