REED

#4748
Reed's, Inc. Common Stock
0.9 0 USD
+0.02%
Market Price
Sektor: Konjunkturunabhängige Konsumgüter
Basis: USD
Gewinnwährung: USD
Tagesspanne
0.90
0.95
Jahresspanne
0.75
5.97
Tagesänderung
+2.27%
Monatliche Änderung
+7.14%
6 month change
-60.49%
Jahresänderung
-72.05%
Vorheriger Schlusskurs
0.8 8
Open
0.9 5
Tief
0.9 0
Hoch
0.9 5
Volumen
2
Vollständige Grafik anzeigen

Financials

Übersicht Finanzbericht Statistik Documents

2026

Current report, Q3 FY2026
REED's, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
REED's, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
REED's, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
REED's, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
REED's, INC. quarterly report, Q1 FY2026
10-Q

REED's, INC. current report, Q1 FY2021

Full document

REED's, INC. - Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by REED's, INC. on March 11, 2021. The report details a material definitive agreement entered into on the same date regarding the company's senior secured credit facility with Rosenthal & Rosenthal, Inc.

Key Financial Metrics

The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, or margins. The primary financial data points relate to debt collateral adjustments:

  • Collateral Released: A $1.5 million irrevocable standby letter of credit previously provided by Daniel J. Doherty, III and his family trust.
  • New Collateral Pledged: A $2.0 million pledge of securities by John J. Bello and Nancy E. Bello (Co-Trustees of The John and Nancy Bello Revocable Living Trust).
  • Equity Issuance: 400,000 shares of restricted stock issued to John J. Bello as consideration for the collateral support.

Material Changes

The company amended its Financing Agreement dated October 4, 2018. The amendment replaced the existing letter of credit collateral with a pledge of securities held by the Bello Trust. This transaction involved a related party, John Bello, who serves as the company's Chairman and former Interim CEO and is a greater than 5% beneficial owner.

Guidance, Risks, and Unusual Items

The filing does not contain forward-looking guidance, management commentary on future operations, or specific risk factors beyond the standard disclosure of the transaction. The issuance of 400,000 restricted shares to John Bello was unregistered but claimed to qualify for an exemption under Section 4(a)(2) of the Securities Act of 1933 due to the insubstantial number of persons involved and the pre-existing relationship.

Investor Verification Checklist

  • Verify the full text of the Amendment to the Financing Agreement, which is referenced as an exhibit to the Form 10-K for the period ending December 31, 2020.
  • Confirm the current beneficial ownership percentage of John J. Bello following the issuance of 400,000 restricted shares.
  • Review the terms of the Securities Account Control Agreement held by the securities broker regarding the Bello Pledge.
  • Assess the impact of the collateral swap on the company's overall liquidity and debt covenants.