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 7, 2023, covering the earliest event date of March 1, 2023. The company is incorporated in Delaware and its common stock trades on The NASDAQ Stock Market LLC under the symbol "REED".
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
The primary material change reported is the departure of a senior executive:
- Resignation: Thomas J. Spisak resigned from his positions as Chief Financial Officer (principal financial officer) and Secretary.
- Effective Date: The resignation is effective March 30, 2023.
- Transition: Mr. Spisak will remain available as a resource to ensure a smooth transition.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, outlook, management commentary on financial performance, or specific risk factors beyond the executive departure. No unusual items or contingencies were disclosed in this report.
Key Facts for Investor Verification
- Confirm the appointment of a new Chief Financial Officer and Secretary to replace Thomas J. Spisak.
- Verify the timeline for the transition of financial reporting responsibilities.
- Check for any subsequent filings regarding the reasons for the resignation or changes in compensation arrangements.