IPO - REED'S, INC.

Form Type: S-1/A

Filing Date: 2025-04-17

Corporate Action: Ipo

Type: New

Accession Number: 000164117225005171

Filing Summary: Reed’s, Inc. is filing a pre-effective Amendment No. 1 to its S-1 Registration Statement, indicating the commencement of a proposed sale of securities to the public as soon as practicable after the effective date. The document outlines the company's compliance with SEC regulations regarding delayed or continuous offerings, and highlights its status as a smaller reporting company under SEC rules. It includes estimated costs related to the issuance and distribution of securities totaling $18,739, which encompasses SEC registration fees, legal fees, and accounting expenses. The amendment does not alter the provisions of the existing prospectus and aims to file Exhibit 5.1. The company outlines indemnification provisions for its directors and officers under Delaware law, and indicates the need for post-effective amendments for further compliance. Reed's has a history of issuing securities and engaging in private placements, including a notable arrangement in which they issued a total of 14,705,882 shares for gross proceeds of $10 million in December 2024. The company has also engaged in various transactions involving convertible notes, common stock issuance, and financial agreements with large institutional investors in the last three years, positioning itself for future equity financing arrangements.

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Form Type: S-1

Filing Date: 2025-04-11

Corporate Action: Ipo

Type: New

Accession Number: 000164117225003844

Filing Summary: Reed's, Inc. filed a registration statement under the Securities Act of 1933 on Form S-1 on April 11, 2025, to register the resale of 18,782,551 shares of its common stock by selling shareholders. The registrant will not receive any proceeds from this sale. The filing continues to facilitate public offerings of their common stock on a delayed or continuous basis and emphasizes that the prospectus is not an offer to sell or buy the registered securities until the registration statement is effective. The document outlines Reed’s operational context, describing its portfolio of handcrafted, natural beverages sold across over 32,000 outlets and its position within the $45 billion mainstream carbonated soft drink market. Reed's intends to launch a new line of multi-functional sodas by leveraging consumer trends towards natural and healthier beverage options. The registration also involves standard details about the company's governance and financial structure, including risk factors associated with the business operation and market conditions.

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