Reed's announces closing of $10.0 million private placement

Norwalk, conn., jan. 06, 2025 (globe newswire) -- reed's, inc. (otcqx: reed) (“reed's” or the “company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announced the closing of a securities purchase agreement for a private investment in public equity (“pipe”) financing. the transaction, which closed on december 30, 2024, generated gross proceeds of $10 million.
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