{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-045141","form_type":"8-K","ticker":"REED","cik":"0001140215","company_name":"REED'S, INC.","filed_at":"2026-09-30T21:09:25+00:00","discovered_at":"2026-09-30T21:10:00.378866+00:00","generated_at":"2026-10-12T14:09:42.319185+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Reed's converts revolver to $9.25M term loan at 8.75%, adds $10M equity raise requirement by Nov 6, 2026","bullets":["Revolving credit commitments terminated and converted into a $9,250,000 term loan; interest now 8.75% (up from 8.00%), payable monthly.","Maturity extended to June 30, 2027, with optional three-month extension to Sept 30, 2027 at 9.25% if term loans cut to no more than $8,400,000 by June 30, 2027.","New Event of Default requires Reed's to receive at least $10,000,000 in aggregate cash equity contributions by November 6, 2026.","Inventory-plus-accounts-receivable liquidity covenant waived only through November 6, 2026; unused revolving loan fee eliminated and certain mandatory prepayment terms changed.","Whitebox Advisors affiliates serve as lenders; $25,000 amendment fee payable to Whitebox by Nov 6, 2026, with non-payment an Event of Default."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-045141","json":"https://secwatch.observer/filing/0001493152-26-045141.json","markdown":"https://secwatch.observer/filing/0001493152-26-045141.md","text":"https://secwatch.observer/filing/0001493152-26-045141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1140215/000149315226045141/0001493152-26-045141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1140215/000149315226045141/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:09:42.319185+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}