Recent Updates — REEDD

Reed’s, Inc. received a notice from NYSE American on August 12, 2026, stating it is not in compliance with continued listing standards due to a stockholders’ deficit of $(1.5) million and net losses in its five most recent fiscal years. The exchange accepted the company's previously submitted plan to regain compliance by November 29, 2027, subjecting Reed’s to quarterly monitoring. Failure to meet this deadline or make consistent progress may trigger delisting proceedings. Shares will continue trading under the symbol “REED” with a “.BC” designation indicating below-compliance status. This event carries significant risk regarding the company's public listing status and financial health. Reed’s, Inc. operates in the consumer staples sector, producing premium handcrafted natural ginger beverages and sodas.

Reed’s, Inc. reported financial results for the quarter ended June 30, 2026, showing net sales of $7.5 million compared to $9.5 million in the prior year period. Gross profit increased to $1.8 million with a gross margin of 24%, up from 8% in the previous year, driven by lower inventory write-offs. Selling, general and administrative expenses decreased to $4.7 million, resulting in a net loss of $4.3 million, or $(0.36) per share, compared to a net loss of $6.0 million in the prior year period. The company noted sequential improvements in sales and margins while evaluating financing alternatives to support future operations. Reed’s, Inc. operates in the beverage industry, producing and distributing premium handcrafted natural ginger beverages.