New Risk • Jul 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.88m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$18m free cash flow). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Market cap is less than US$10m (US$9.88m market cap). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$16m net loss next year). Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Jul 30
Reed's, Inc. to Report Q2, 2026 Results on Aug 12, 2026 Reed's, Inc. announced that they will report Q2, 2026 results Pre-Market on Aug 12, 2026 Announcement • Jun 05
Reed’s Receives NYSE Deficiency Notification Regarding Stockholders’ Equity On May 29, 2026, Reed's, Inc. (the Company) received a notice (the Notice) from the NYSE American LLC (the NYSE American) stating that the Company is not in compliance with the NYSE American continued listing standards set forth in Section 1003(a)(ii) of the Company Guide requiring a company to have stockholders' equity of at least USD 4.0 million if it has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years and Section 1003(a)(iii) of the Company Guide requiring a company to have stockholders' equity at least USD 6.0 million if it has reported losses from continuing operations and/or net losses in its five most recent fiscal years. The Notice also indicates that the Company is not currently eligible for any exemption in Section 1003(a) of the Company Guide (including the exemption provided for companies with total value of market capitalization exceeding USD 50 million, among other requirements). In connection with its non-compliance with Section 1003(a)(ii) and Section 1003(a)(iii), the Company must submit a plan (the Plan) to the NYSE American by June 28, 2026, advising of actions it has taken or will take to regain compliance with the continued listing standards by November 29, 2027. If the NYSE American determines to accept the Plan, the Company will be notified in writing and will be subject to periodic reviews, including quarterly monitoring for compliance with the Plan. If the Company does not submit a plan or if the Plan is not accepted, NYSE American will commence delisting proceedings. Furthermore, if the Plan is accepted but the Company is not in compliance with the continued listing standards by November 29, 2027, or if the Company does not make progress consistent with the Plan, the NYSE American will initiate delisting proceedings as appropriate. The Company may appeal a staff delisting determination in accordance with Section 1010 and Part 12 of the Company Guide. The Notice has no immediate impact on the listing of the Company's shares of common stock, which will continue to be listed and traded on the NYSE American during this period, subject to the Company's compliance with the other listing requirements of the NYSE American. The common stock will continue to trade under the symbol REED, but will have an added designation of .BC to indicate that the status of the common stock is below compliance. The Notice does not affect the Company's ongoing business operations or its reporting requirements with the U.S. Securities and Exchange Commission. The Company is committed to achieving compliance with the NYSE American's continued listing standards. The Company intends to submit a Plan to the NYSE American on or before June 28, 2026 to regain compliance with the NYSE American continued listing standards by November 29, 2027; however, there can be no assurance that the Company will be able to achieve compliance with the NYSE American's continued listing standards within the required timeframe.