---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-037052"
form_type: "8-K"
ticker: "REED"
cik: "0001140215"
company_name: "REED'S, INC."
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:30:30.152904+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Reed's extends note maturity to Nov 28, pays $212k in interest; gets waiver of defaults

## Summary
- Maturity date of 10% Convertible Notes extended from Sep 29, 2023 to Nov 28, 2023.
- Company paid $211,793.31 in accrued interest and certain fees to note holders.
- Holders temporarily waived specified events of default and certain fees through Nov 28, 2023.
- Waiver also suspends repurchase requirement upon a Fundamental Change during waiver period.

## SEC filing metadata
- accession: 0001493152-23-037052
- form_type: 8-K
- ticker: REED
- cik: 0001140215
- company_name: REED'S, INC.
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140215/000149315223037052/0001493152-23-037052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140215/000149315223037052/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-037052
- JSON: https://secwatch.observer/filing/0001493152-23-037052.json
- Plain text: https://secwatch.observer/filing/0001493152-23-037052.txt

## Key facts
- Material Agreements
  REED'S, INC. amended Fifth Amendment to 10% Convertible Notes dated May 9, 2022 with each holder and Wilmington Savings Fund Society, FSB valued at maturity date extended from September 29, 2023 to November 28, 2023; cash payment of $211,793.31 (effective 2023-10-05).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: each holder and Wilmington Savings Fund Society, FSB
  - Value: maturity date extended from September 29, 2023 to November 28, 2023; cash payment of $211,793.31
  - Effective: 2023-10-05
  source text: On October 5, 2023, Reed’s Inc., a Delaware corporation (“Reed’s”) entered into a Fifth Amendment (“Amendment Agreement”) to 10% Convertible Notes dated May 9, 2022, as amended (each, a “Note”, and collectively, the “Notes”) and a Limited Waiver and Deferral Agreement (“Waiver and Deferral Agreement”) with each holder and Wilmington Savings Fund Society, FSB, holder representative and collateral agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1140215/000149315223037052/0001493152-23-037052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.