REED'S, INC. (REED) Form 8-K — Sep 30, 2026

$REEDForm 8-KItems 1.01, 2.03, 9.01Filed Sep 30, 2026, 5:09 PM ET0001493152-26-045141Original filing

Reed's, Inc. amended its senior secured credit facility with Whitebox-affiliated lenders and Cantor Fitzgerald Securities, converting the revolving credit commitments into a $9.25 million tranche of non-reborrowable term loans. Interest rose to 8.75% from 8.00%, and maturity was extended to June 30, 2027, with an optional three-month extension to September 30, 2027 conditioned on reducing the balance to $8.4 million or less and no defaults.

Key figures

Debt Amount: 9250000
Interest Rate: 8.75% per annum (9.25% during optional extension period; previously 8.00%)
Maturity Date: June 30, 2027 (optional three-month extension to September 30, 2027)
Default rate: +2.00% over applicable rate
Covenant waiver: Inventory/AR liquidity covenant ($10,000,000 threshold) waived through November 6, 2026
Minimum liquidity: $400,000 Qualified Cash
Extension notice deadline: March 31, 2027
Required equity contribution: $10,000,000 by November 6, 2026 (new Event of Default if not received)
Permitted voluntary prepayment: $850,000 prior to June 30, 2027
Extension condition max term loans: $8,400,000 prior to June 30, 2027

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