Filing Details
- Accession Number:
- 0000899243-17-029658
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-12-28 13:46:34
- Reporting Period:
- 2017-12-27
- Accepted Time:
- 2017-12-28 13:46:34
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1140215 | Reed's Inc. | REED | Bottled & Canned Soft Drinks & Carbonated Waters (2086) | 352177773 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1705999 | Raptor/Harbor Reeds Spv Llc | 280 Congress Street, 12Th Floor Boston MA 02210 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2017-12-27 | 2,666,667 | $1.50 | 3,433,334 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Convertible Promissory Note | Acquisiton | 2017-12-27 | 1,133,334 | $0.00 | 2,266,667 | $1.50 |
Common Stock | Warrant | Acquisiton | 2017-12-27 | 1,333,333 | $0.00 | 1,333,333 | $2.03 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,266,667 | 2017-12-27 | 2021-04-21 | No | 4 | J | Direct |
1,333,333 | 2017-12-27 | 2020-12-27 | No | 4 | P | Direct |
Footnotes
- In the Issuer's rights offering to its shareholders, the Reporting Person purchased 2,666,667 Units (with each Unit consisting of (i) 1 share of Common Stock and (ii) a Warrant to purchase 1/2 share of Common Stock) at a purchase price of $1.50 per unit. The purchase of the shares is reported on Table I and the purchase of the Warrant is reported on the second line of Table II.
- In connection with the Reporting Person's backstop commitment agreement to purchase Units in the Issuer's rights offering, the Reporting Person agreed to extend the Maturity Date of the previously-outstanding Convertible Promissory Note in the principal amount of $3,400,000 from April 21, 2019 to April 21, 2021, and the Issuer agreed to reduce the conversion price from $3.00 per share to $1.50 per share.