Markets

Reed’s Announces $10M PIPE Financing With Majority Investor D&D Source of Life Holding For 17,421,602 Shares At A Price Of $0.574/Share

Oct 28, 2026 · 01:32 PM ET· updated 1h ago

Reed’s, Inc. (NYSE:REED) ("Reed’s" or the "Company"), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced that it has entered into a securities purchase

Why It Matters

Reed's is raising $10 million by selling new shares to an investor. When a company does this, watch if the new money helps them grow their business.

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