tw0122
6月前
$4 ipo .. Reed’s, Inc. Announces Pricing of $10 Million Public Offering and Uplisting to NYSE American Stock ExchangeDecember 05 2025 - 8:00AM
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Reed’s, Inc. (NYSE American: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock and warrants to purchase 2,500,000 shares of common stock (collectively, the “Securities”). Each share of common stock and accompanying warrant to purchase one share of common stock are being sold together at a combined public offering price of $4.00. The warrants will have an exercise price of $4.50 per share, will be exercisable immediately and will expire five years from the issuance date. In addition, Reed’s has granted the underwriters a 45-day option to purchase up to an additional 375,000 shares of common stock and/or 375,000 warrants at their respective public offering prices, less underwriting discounts and commissions. All of the Securities are being sold by Reed’s.The gross proceeds from the offering are expected to be approximately $10 million, before deducting underwriting discounts and commissions and other offering expenses, excluding any exercise of the underwriters’ option to purchase additional Securities and any exercise of the warrants to be issued in the offering. The offering is expected to close on or about December 8, 2025, subject to customary closing conditions.Reed’s also announced that, in connection with the offering, its common stock has been approved for listing and will begin trading on the NYSE American LLC stock exchange (“NYSE American”) on December 5, 2025. Upon effectiveness of the listing on the NYSE American, trading of the common stock on the OTC Markets’ OTCQX Best Market will terminate.
crudeoil24
4年前
Reed's, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, today announced that Cracker Barrel Old Country Store, Inc., headquartered in Lebanon, Tennessee, will carry Flying Cauldron® Butterscotch Beer and Virgil’s® Bavarian Nutmeg Root Beer 500 ml swing-lid bottles in all 630 of its corporate-owned retail locations. Cracker Barrel was established in 1969 and currently operates specialty, home-style country stores and restaurants in 42 states.
Initially launched as a limited-edition item in select locations, Cracker Barrel will now offer Virgil’s® Bavarian Nutmeg Root Beer full time across their national footprint. The pint-sized glass bottles feature a ceramic swing-lid resealable top, making it easier than ever to sip, share and enjoy handcrafted beverages with family and friends.
Virgil's® Bavarian Nutmeg Root Beer Swing-Lid: This rich and creamy Bavarian Nutmeg Root Beer recipe, which dates back to 1963, was the initial inspiration for the swing-lid bottle. Micro-brewed artesian water from the Bohemian Forest Region is paired with the finest natural ingredients sourced from around the world – including nutmeg, vanilla, cinnamon, anise and sweet birch – to deliver an authentic and refreshing Bavarian flavor.
Also, just in time for fall festivities and the holiday season, consumers can also delight in these limited-edition, Flying Cauldron® Butterscotch Cream Soda Swing-Lid sodas for all special occasions.
Flying Cauldron® Butterscotch Cream Soda Swing-Lid: Every sip of this non-alcoholic magical brew transports drinkers on an enchanting journey. Made from a charming combination of butterscotch, vanilla cream and quality all-natural ingredients, wizards and witches of all ages will love the refreshing taste and flavor of Flying Cauldron.
"Cracker Barrel Old Country Stores are unique and authentic, making their retail outlets a perfect fit to feature our special edition, naturally brewed sodas,” said Norman E. Snyder, CEO of Reed’s. “We are excited to further expand our product offerings to Cracker Barrel consumers across the nation with some of the most premium, craft brewed sodas in the market today.”
For more information about Virgil's please visit https://www.virgils.com/. Follow along at @drinkvirgils on Instagram, Twitter and Facebook.
For additional information about Flying Cauldron, please visit https://flyingcauldron.com/. Follow Flying Cauldron on Twitter, Instagram, and Facebook.
About Reed's, Inc.
Reed’s is an innovative company and category leader that provides the world with high quality, premium and naturally bold™ better-for-you beverages. Established in 1989, Reed's is a leader in craft beverages under the Reed’s®, Virgil’s® and Flying Cauldron® brand names. The Company’s beverages are now sold in over 45,000 stores nationwide.
Reed’s is known as America's #1 name in all-natural, ginger-based beverages. Crafted using real ginger and premium ingredients, the Reed’s portfolio includes ginger beers, ginger ales, ready-to-drink ginger mules, ginger shots, and ginger candies. The brand has recently successfully expanded into the zero-sugar segment with its proprietary, all-natural sweetener system.
Virgil's® is an award-winning line of craft sodas, made with the finest natural ingredients and without GMOs or artificial preservatives. The brand offers an array of great tasting, bold flavored sodas including Root Beer, Vanilla Cream, Black Cherry, Orange Cream, and more. These flavors are also available in nine zero sugar varieties which are naturally sweetened and certified ketogenic.
Flying Cauldron® is a non-alcoholic butterscotch beer prized for its creamy vanilla and butterscotch flavors. Sought after by beverage aficionados, Flying Cauldron is made with all-natural ingredients and no artificial flavors, sweeteners, preservatives, gluten, caffeine, or GMOs.
For more information, visit reedsmule.com, drinkreeds.com, virgils.com and flyingcauldron.com.
Investor Relations Contact
Sean Mansouri, CFA
Elevate IR
ir@reedsinc.com
(720) 330-2829
gumbie05
5年前
Like clockwork....
Reed’s Inc. Announces $7.9 Million Registered Direct Offering
Source: GlobeNewswire Inc.
Reed’s Inc. (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it has entered into a stock purchase agreement relating to a registered direct offering in which the Company would sell up to 6,680,000 shares of its common stock at a price of $1.18 per share for gross proceeds of approximately $7.9 million.
Roth Capital Partners, served as sole placement agent for the transaction. After the placement agent fees and estimated offering expenses payable by the Company, the Company expects to receive net proceeds of approximately $7.4 million. The offering is expected to close on May 7, 2021, subject to customary closing conditions.