---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-036242"
form_type: "8-K"
ticker: "REED"
cik: "0001140215"
company_name: "REED'S, INC."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T04:51:31.567680+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Reed's closes $6M PIPE; D&D becomes 55.4% owner, change in control triggered

## Summary
- PIPE of 4 million shares at $1.50 per share raises $6M; led by D&D Source of Life Holding.
- D&D invested $1.9M cash and converted $3M SAFE; now holds 55.4% of common stock (assuming warrant exercise).
- D&D already held 31.5% pre-PIPE; change in control triggered under Item 5.01.
- Proceeds to be used for general working capital and corporate purposes.
- D&D retains director designation rights; Shufen Deng remains Vice Chairman and controls D&D's shares.

## SEC filing metadata
- accession: 0001493152-24-036242
- form_type: 8-K
- ticker: REED
- cik: 0001140215
- company_name: REED'S, INC.
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 5.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140215/000149315224036242/0001493152-24-036242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140215/000149315224036242/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-036242
- JSON: https://secwatch.observer/filing/0001493152-24-036242.json
- Plain text: https://secwatch.observer/filing/0001493152-24-036242.txt

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