Reed’s, Inc. Announces Transition From The Nasdaq Capital Market To The Otcqx And Close Of $2.5 Million Bridge Financing
Reed’s, Inc. Announces Transition From The Nasdaq Capital Market To The Otcqx And Close Of $2.5 Million Bridge Financing
02/14/23, 9:35 PM
Location
united statesMoney raised
$2.5 million
Industry
hospitality
food and beverage
Round Type
seed
Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced today its intention to transition from the Nasdaq Capital Market to the OTCQX US Market, operated by OTC Markets, Inc. (“OTCQX”).
Company Info
Location
united states
Additional Info
Reed’s received notice from The Nasdaq Stock Market LLC (“Nasdaq”) on February 14, 2023, that the staff of Nasdaq’s Listing Qualifications department (the “Staff”) has determined that the Company’s securities will be delisted from Nasdaq. Reed’s is an innovative company and category leader that provides the world with high quality, premium and naturally bold™ better-for-you beverages. Established in 1989, Reed's is a leader in craft beverages under the Reed’s®, Virgil’s® and Flying Cauldron® brand names.