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. (NASDAQ: REED) on November 3, 2021, covering an event that occurred on October 28, 2021. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to Item 5.02 regarding officer departures and does not contain financial statements or performance data.
Material Changes
The primary material change reported is the resignation of Scott R. Grossman from the Board of Directors and all associated committees. He has also indicated he will not stand for reelection at the 2021 annual meeting of stockholders.
Outlook and Management Commentary
Management commentary is limited to the announcement of Mr. Grossman's resignation. The resignation is scheduled to become effective on the date of the annual meeting, which is expected to be held in late December 2021. No guidance, risks, or contingencies related to financial performance are disclosed in this document.
Key Facts for Investors to Verify
- Scott R. Grossman is resigning from the Board of Directors effective at the 2021 annual meeting.
- The annual meeting is expected to take place in late December 2021.
- Mr. Grossman will not seek reelection at the upcoming annual meeting.
- This filing contains no financial data; investors should refer to the most recent 10-Q or 10-K for financial metrics.