REED

#4754
Reed's, Inc. Common Stock
0.8 8 USD
-0.03%
Market Price
Sektor: Konjunkturunabhängige Konsumgüter
Basis: USD
Gewinnwährung: USD
Tagesspanne
0.88
0.92
Jahresspanne
0.75
5.97
Tagesänderung
-3.33%
Monatliche Änderung
-6.38%
6 month change
-61.97%
Jahresänderung
-72.67%
Vorheriger Schlusskurs
0.8 7
Open
0.9 2
Tief
0.8 8
Hoch
0.9 2
Volumen
6
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, Q4 FY2019

Full document

Business Context and Reporting Period

Company: REED's, INC. (NASDAQ: REED)
Filing Type: Form 8-K (Current Report)
Date of Report: October 22, 2019 (Event Date: October 23, 2019)
Context: The company announced the entry into a material definitive agreement for an underwritten public offering of common stock.

Key Financial Metrics and Transaction Details

This filing details a capital raise rather than operational financial results. Key transaction metrics include:

  • Shares Offered: 11,666,667 shares of common stock.
  • Offering Price: $0.60 per share.
  • Over-Allotment Option: Underwriter granted a 45-day option to purchase up to 1,750,000 additional shares.
  • Expected Gross Proceeds: Approximately $7.0 million (or $8.05 million if the over-allotment option is fully exercised).
  • Net Proceeds: Not specified; gross proceeds are before deducting underwriting discounts and offering expenses.

Note: The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity metrics as this is a transaction report, not a periodic financial statement.

Material Changes

The primary material change is the execution of an underwriting agreement with Roth Capital Partners, LLC. This represents a significant dilution event and a planned increase in the company's cash position upon closing.

Outlook, Risks, and Management Commentary

  • Closing Date: Expected on or about October 25, 2019, subject to customary closing conditions.
  • Regulatory Status: Shares are being sold pursuant to a shelf registration statement effective February 8, 2019. A preliminary prospectus supplement was filed on October 22, 2019.
  • Indemnification: Reed's has agreed to indemnify the underwriters against certain liabilities under the Securities Act of 1933.
  • Risks: The transaction is subject to satisfaction of customary closing conditions; failure to close would result in no proceeds.

Investor Verification Checklist

  • Verify the final closing date and actual net proceeds after underwriting discounts.
  • Confirm whether the underwriter exercises the 1,750,000 share over-allotment option.
  • Review the final prospectus supplement for specific use of proceeds.
  • Monitor the impact of the new share issuance on earnings per share (EPS) and ownership dilution.