Current Report · Items 3.01, 8.01, 9.01 · 8-K
Reed's, Inc.
REEDNYSE_AMERICANEQUITYCurrent
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Other Events
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On August 12, 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)(i) of the Company Guide requiring…
Filed Aug 14, 2026Accepted Aug 14, 2026, 4:15 PM EDTCIK 1140215Accession 0001493152-26-038386
Company context
We are a branded beverage company offering a portfolio of natural, premium, and functional beverages under the Reed’s and Virgil’s brands. Our products are sold in over 32,000 outlets across the United States and in select international markets. We compete within the approximately $45 billion U.S. carbonated soft drink (“CSD”) market by providing alternatives that we believe are better-for-you, with a focus on real ginger, clean-label ingredients, and functional formulations.
Current securities
Historical securities (1)
Disclosure sections
Items 3.01, 8.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 3.01Item 3.01 - Notice of Delisting
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On
August 12, 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)(i) of the Company Guide requiring a company to have stockholders’ equity of at least $2.0 million if it
has reported losses from continuing operations and/or net losses in two of its three 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 $50 million, among other requirements).
As
previously disclosed, 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 advising of actions it has taken or will take to regain compliance with the continued
listing standards by November 29, 2027. On June 26, 2026, the Company submitted the Plan to NYSE American. On August 12, 2026, NYSE American
determined to accept the Plan, and the Company will be subject to periodic reviews, including quarterly monitoring for compliance with
the Plan. If 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. Pursuant to the Plan, the Company
intends 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.
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events.
On
August 14, 2026, in accordance with the NYSE American’s procedures, the Company issued a press release discussing the matters
disclosed in Item 3.01 of this Current Report on Form 8-K. A copy of the press release is included herewith as Exhibit 99.1, which is
incorporated by reference into this Item 8.01.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htmEX-99.1
2
ex99-1.htm
EX-99.1
Exhibit
99.1
Reed’s
Receives NYSE Deficiency Notification Regarding Stockholders’ Equity
NORWALK,
Conn., August 14, 2026 - Reed’s, Inc. (NYSE American: REED) (“Reed’s” or the “Company”),
owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced that on August 12, 2026, the Company
received a notice (the “Notice”) from NYSE American LLC (“NYSE American”) that the Company is below compliance
with Section 1003(a)(i) of NYSE American’s listing standards set forth in Part 10 of the NYSE American Company Guide (the “Company
Guide”) because the Company reported stockholders’ deficit of $(1.5) million and losses from continuing operations and/or
net losses in its five most recent fiscal years ended December 31, 2025. The Company is also not currently eligible for any exemption
in Section 1003(a) of the Company Guide from the stockholders’ equity requirements.
As
previously announced, in connection with its non-compliance with Section 1003(a)(ii) and Section 1003(a)(iii) of the Company Guide, the
Company must submit a plan (the “Plan”) to the NYSE American advising of actions it has taken or will take to regain compliance…
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