Reed’s Announces Pricing of $10.0 Million Private Placement
Reed's priced a $10.0 million PIPE with its majority investor D&D Source of Life Holding, selling 17,421,602 shares at $0.574 per share. The deal is priced under the NYSE minimum pricing rule and closing is expected on or about October 30, 2026, with proceeds earmarked for working capital and general corporate purposes.
Key figures
- Deal Value Usd
- 10000000
- Offering Price
- 0.574
- Shares Offered
- 17421602
- Structure
- PIPE (private investment in public equity)
- Pricing rule
- NYSE minimum pricing rule
- Expected closing
- on or about October 30, 2026
AI analysis
Red flags4 · Pro
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.