---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-046882"
form_type: "8-K"
ticker: "REED"
cik: "0001140215"
company_name: "REED'S, INC."
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:19:05.773551+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Reed's enters $10M revolver at 8%; majority holder exchanges notes for 22.5M shares, 87.8% ownership

## Summary
- New $10M revolving credit facility from Whitebox affiliates at 8% interest; $6.57M used to repay existing ABL with Alterna Capital.
- Majority stockholder D&D exchanged all convertible notes for 22.5M shares, boosting its ownership to 87.8%.
- D&D subordinated its notes and amended terms, extending maturity to May 2026 and waiving defaults.
- Reed's pledged intellectual property as collateral for the new facility.

## SEC filing metadata
- accession: 0001493152-24-046882
- form_type: 8-K
- ticker: REED
- cik: 0001140215
- company_name: REED'S, INC.
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140215/000149315224046882/0001493152-24-046882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140215/000149315224046882/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-046882
- JSON: https://secwatch.observer/filing/0001493152-24-046882.json
- Plain text: https://secwatch.observer/filing/0001493152-24-046882.txt

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