secwatch.observer — SEC 8-K summary
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Issuer:     REED'S, INC. (REED)
CIK:        0001140215
Form:       8-K
Filed at:   2026-11-06T22:03:49+00:00
Accession:  0001493152-26-050517
Event type: debt
Sentiment:  negative
Materiality: 0.78
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Reed’s amends Whitebox loan with $11M liquidity covenant and $2.5M equity deadline
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- Reed’s entered Amendment No. 3 to its senior secured Loan Agreement with Whitebox Advisors affiliates and Cantor Fitzgerald Securities on Nov. 6, 2026.
- Amendment sets a Cash/Inventory/AR Liquidity minimum of $11,000,000 at any time during the Increased Liquidity Period and monthly thereafter.
- New Event of Default if Reed’s fails to receive at least $2,500,000 in cash equity contributions by Nov. 20, 2026.
- Reed’s must pay Whitebox or its designee a non-refundable $25,000 extension fee by Nov. 20, 2026; failure is an Event of Default.
- Private Placement is expected to close by Nov. 20, 2026; Reed’s has received $7,500,000 in gross proceeds as of the filing date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226050517/0001493152-26-050517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226050517/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-050517

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