SCHEDULE 13G/A: Whitebox Entities Disclose Passive Stake in REED'S, INC. Common Stock
Beneficial Ownership Disclosure
Whitebox Advisors LLC, Whitebox General Partner LLC, and Whitebox Multi-Strategy Partners, LP have filed an amended Schedule 13G, reporting passive beneficial ownership of REED'S, INC. common stock as of December 31, 2024.
Summary
- Whitebox Advisors LLC and Whitebox General Partner LLC each beneficially own 257,743 shares of REED'S, INC. Common Stock.
- This ownership represents approximately 0.8% of the total outstanding Common Stock of REED'S, INC.
- Whitebox Multi-Strategy Partners, LP beneficially owns 148,916 shares of REED'S, INC. Common Stock.
- This ownership by Whitebox Multi-Strategy Partners, LP represents approximately 0.5% of the total outstanding Common Stock.
- The percentages of class are calculated based on 30,665,365 shares of Common Stock outstanding as of November 21, 2024, as reported in the Issuer's Schedule 14C.
- The filing is an Amendment No. 4 to Schedule 13G, indicating a passive investment intent.
- The reporting persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of REED'S, INC.
Sentiment
Score: 5
Explanation: The document is a standard Schedule 13G filing disclosing passive beneficial ownership, which is neutral in sentiment as it does not contain operational or financial performance updates for the issuer.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 2024-11-21 | Date as of which 30,665,365 shares of Common Stock outstanding were reported in Issuer's Schedule 14C. |
| 2024-12-31 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-02-14 | Filing date of the Schedule 13G Amendment No. 4. |
Keywords
REED'S INC, Common Stock, Schedule 13G, Beneficial Ownership, Whitebox Advisors, Investment Adviser, Passive Investment, Equity Holdings
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