---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-030422"
form_type: "8-K"
ticker: "REED"
cik: "0001140215"
company_name: "REED'S, INC."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:08:20.978849+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Reed's issues $6.5M of secured convertible notes at 11.13%; director Jerry Lewin resigns

## Summary
- Holders exercised option to purchase ~$6.5M Fourth Option Notes under amended 10% Secured Convertible Notes.
- Notes bear 11.13% interest, mature by Dec 15, 2024; may be prepaid with MOIC deficiency if not prepaid $1.4M.
- Temporary waiver of events of default and repurchase obligations granted under the amendment.
- Director Jerry Lewin resigned from board effective August 2, 2024.

## SEC filing metadata
- accession: 0001493152-24-030422
- form_type: 8-K
- ticker: REED
- cik: 0001140215
- company_name: REED'S, INC.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140215/000149315224030422/0001493152-24-030422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140215/000149315224030422/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-030422
- JSON: https://secwatch.observer/filing/0001493152-24-030422.json
- Plain text: https://secwatch.observer/filing/0001493152-24-030422.txt

## Key facts
- Executive change
  Jerry Lewin resigned as Director at REED'S, INC..
  - Action: resigned
  - Role: Director
  source text: Jerry Lewin resigned from his position as a member of the board of directors of the company on August 2, 2024, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1140215/000149315224030422/0001493152-24-030422-index.htm

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