secwatch.observer — SEC 8-K summary
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Issuer:     REED'S, INC. (REED)
CIK:        0001140215
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001493152-23-037052
Event type: debt
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140215/000149315223037052/0001493152-23-037052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140215/000149315223037052/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037052

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