Reed's Inc. settles investment bank dispute for $1.6M; CFO named principal accounting officer

REED'S, INC.

Settled investment bank engagement: paid $800,000 cash on July 1, 2025, and owes additional $800,000 by August 29, 2025.
Mutual release and waiver from all liability under the prior engagement with the investment bank.
Effective July 7, 2025, CAO Joann Tinnelly reassigned; CFO Doug McCurdy assumes role as principal accounting officer.

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