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News  ›  GlobeNewswire Inc.

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

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

Reed's, Inc. has priced a public offering of 2.5 million shares and warrants at $4.00 per unit, expecting to raise approximately $10 million. The company will list on NYSE American stock exchange, replacing its current OTC Markets listing.

Insights
REED   positive

Positive due to successful public offering, uplisting to a major stock exchange, and potential capital infusion which could support business growth and investor confidence