Reed's, Inc. Announces Pricing of $10 Million Public Offering and Uplisting to NYSE American Stock Exchange

Core Viewpoint - Reed's, Inc. has announced a public offering of 2,500,000 shares of common stock and warrants, aiming to raise approximately $10 million before expenses, with the offering expected to close on December 8, 2025 [2][3]. Group 1: Offering Details - The public offering price for the combined shares and warrants is set at $4.00, with warrants having an exercise price of $4.50 and an expiration of five years from the issuance date [1]. - Reed's has granted underwriters a 45-day option to purchase an additional 375,000 shares and/or warrants at the public offering prices [1]. Group 2: Stock Exchange Listing - Reed's common stock has been approved for listing on the NYSE American, with trading commencing on December 5, 2025, leading to the termination of trading on the OTC Markets' OTCQX Best Market [3]. Group 3: Company Background - Reed's, Inc. is a leader in the craft beverage industry, established in 1989, and offers high-quality, premium beverages under the Reed's®, Virgil's®, and Flying Cauldron® brand names, with products available in over 32,000 stores nationwide [5].