|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||2.6075 - 2.8000|
|52 Week Range||1.4500 - 3.9500|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.13|
Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the closing of its previously announced underwritten public offering of 7,733,750 shares of its common stock, including 1,008,750 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares to cover over-allotments, at a public offering price of $2.10 per share, before deducting underwriting discounts and commissions and estimated offering expenses payable by the company. The gross proceeds to the Company from this offering are approximately $16.2 million, before deducting underwriting discounts and commissions and other estimated offering expenses. Reed’s intends to use the net proceeds from the offering to fund the accelerated growth of its business, support new product launches, invest in sales and marketing programs, working capital, and for general corporate purposes.
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Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the pricing of an underwritten public offering of 6,725,000 shares of its common stock at a price of $2.10 per share. Reed’s has also granted to the underwriter a 45-day option to purchase an additional 1,008,750 shares of common stock to cover overallotments in connection with the offering. After the underwriting discount and estimated offering expenses payable by the company, the company expects to receive net proceeds of approximately $12.9 million, assuming no exercise of the overallotment option. Roth Capital Partners is acting as the sole manager for the offering.
Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to offer shares of its common stock in an underwritten public offering. Reed’s also expects to grant to the underwriters of the offering a 45-day option to purchase additional shares of common stock offered in the underwritten public offering on the same terms and conditions. Roth Capital Partners is acting as the sole manager for the offering. A shelf registration statement relating to the shares of common stock to be issued in the proposed offering was filed with the Securities and Exchange Commission (the "SEC") and is effective.
Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the closing of its sale of its Los Angeles beverage manufacturing operations, equipment and private label business. This sale marks the completion of the final major initiative in optimizing the company’s operating model. After an extensive sale process led by Gordon Brothers, Reed’s sold the beverage manufacturing equipment and private label beverage business for a purchase price of $1.25 million pursuant to an asset purchase agreement with California Custom Beverage, an entity owned by Chris Reed, founder, CIO and board member of Reed’s. In support of the transaction, a group of current REED shareholders, including Chairman John Bello and certain institutional investors, purchased REED shares from Chris Reed in a private transaction exempt from the registration requirements of the Securities Act of 1933.
Reeds (REED) delivered earnings and revenue surprises of -42.86% and 9.83%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Los Angeles-based company said it had a loss of 10 cents per share. The beverage and candy company posted revenue of $10.8 million in the period. In the final minutes of trading on Tuesday, the company's ...
Reeds, Inc. (NASDAQ: REED ) will be releasing its next round of earnings this Tuesday, Nov. 13. For all of the relevant information, here is your guide for the Q3 earnings announcement. Earnings and Revenue ...
Anyone researching Reed’s Inc (NYSEMKT:REED) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there are Read More...
Reeds (REED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Los Angeles-based company said it had a loss of 13 cents per share. Losses, adjusted for severance costs, came to 10 cents per share. The beverage and candy company posted revenue of $9.4 million in ...
NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Reed's, Inc. (NYSE American: REED ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 13, 2018 at 4:30 PM Eastern Time. ...
On Monday, Reeds (NYSE: REED ) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications. Earnings and Revenue Wall Street expects EPS of 6 cents ...