Core Viewpoint - Reed's, Inc. has appointed Neal Cohane as Chief Operating Officer, effective January 5, 2026, to lead the company's operations and drive growth in the beverage industry [1][3]. Group 1: Appointment Details - Neal Cohane brings decades of leadership experience in the beverage industry, having previously served as Chief Sales Officer at Eastroc Beverages and founded Rootstock Brands, Inc. [2] - Cohane has a history with Reed's, having served as Chief Sales Officer for over 15 years, contributing to the brand's expansion and strengthening retail and distributor relationships [2][3]. Group 2: Strategic Objectives - The company aims to secure new business channels, expand distribution, increase sales velocity across existing channels, and deepen partnerships with distributors and retailers [3]. - Strengthening relationships with distributors and retailers will be a top priority for the company in 2026 and beyond [3]. Group 3: Company Overview - Reed's, Inc. is a leader in handcrafted, natural ginger beverages and operates under the brand names Reed's®, Virgil's®, and Flying Cauldron® [4]. - Established in 1989, Reed's products are sold in over 32,000 stores nationwide, highlighting its significant market presence [4].

Core Viewpoint - Reed's, Inc. has successfully closed a public offering of 2,500,000 shares of common stock and warrants, aiming to enhance liquidity and visibility for shareholders while pursuing long-term profitability [1][3]. Group 1: Offering Details - The public offering included 2,500,000 shares of common stock and warrants, sold at a combined price of $4.00 per share [1]. - The warrants have an exercise price of $4.50 per share, are immediately exercisable, and will expire in five years [1]. - Gross proceeds from the offering are approximately $10 million, before deducting underwriting discounts and commissions [3]. Group 2: Stock Exchange Listing - Reed's common stock was approved for listing on the NYSE American and began trading on December 5, 2025, terminating its previous trading on the OTCQX Best Market [2]. Group 3: Management Commentary - The CEO of Reed's emphasized that the move to NYSE American reflects the company's commitment to growth and delivering value to shareholders [3]. Group 4: Company Background - Reed's, established in 1989, is a leader in craft beverages, offering high-quality, premium, better-for-you beverages under the Reed's®, Virgil's®, and Flying Cauldron® brand names, with products sold in over 32,000 stores nationwide [6]. Group 5: Underwriters - A.G.P./Alliance Global Partners acted as the sole book-running manager for the offering, with Roberts & Ryan, Inc. serving as a co-manager [4].

NORWALK, Conn., Dec. 05, 2025 (GLOBE NEWSWIRE) -- 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 co ...

Core Viewpoint - Reed's, Inc. is set to uplist its common stock to the NYSE American, enhancing visibility and liquidity for its shares [1][3]. Group 1: Uplisting Details - The uplisting is expected to take place on or about November 21, 2025, under the symbol "REED" [1]. - Trading on the OTCQX Best Market will cease on or about November 20, 2025, prior to the uplisting [2]. Group 2: Company Strategy and Financial Plans - The CEO of Reed's stated that the uplisting will expand the investor base and improve liquidity [3]. - The company plans to conduct a concurrent underwritten public offering of its shares, subject to regulatory approval and market conditions [3]. - Proceeds from the offering will be used for growth initiatives, working capital, and general corporate purposes [3]. Group 3: Company Background - Reed's, Inc. is a leader in handcrafted, natural ginger beverages and operates under the brands Reed's®, Virgil's®, and Flying Cauldron® [5]. - The company's products are available in over 32,000 stores across the United States [5].