Brief: Reed’s Announces $11.25 Million Private Placement Of Convertible Notes
May 10 (Reuters) - Reed's Inc REED.O :
* REED’S ANNOUNCES $11.25 MILLION PRIVATE PLACEMENT OF
CONVERTIBLE
NOTES
* NOTES ARE CONVERTIBLE INTO SHARES OF COMMON STOCK AT A
PRICE OF
APPROXIMATELY $0.24 PER SHARE AND WILL MATURE ON MAY 9, 2025
Source text for Eikon: ID:nGNXJfzjr
Further company coverage: REED.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Reed'S
See all newsBrief: Reed's Announces Unusual Trading Activity In Common Stock On Oct 20-21, 2026
Brief: Reed’S Refinances $9.25 Million Senior Secured Credit Facility, Strengthens Balance Sheet
Reeds Q2 net sales fall 21% on lower volumes with key customers
Brief: Reeds Q2 Basic EPS USD -0.36
Brief: Reed's Receives NYSE Deficiency Notification Regarding Stockholders’ Equity