Reed’s Announces Leadership and Board Updates CEO Norman E. Snyder, Jr. to Retire; Cyril Wallace Appointed as CEO and Director; Ruud Bakker also Joins Board of Directors NORWALK, Conn., April 17, 2025 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced key updates to its executive leadership team and Board of Directors (the “Board”). Cyril Wallace has been appointed to Chief Executive Officer (“CEO”) and Director, succeeding Norman E. Snyder, Jr. who is stepping down...
CORRECTING and REPLACING: Reed’s Reports Fourth Quarter and Full Year 2024 Results NORWALK, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- The Company is issuing a corrected version of its fourth quarter and full year 2024 earnings press release to account for a $750,000 provision related to contract proceedings with a vendor, which impacted the previously reported selling, general and administrative expenses and operating loss. The corrected press release follows: Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginge...
Reed’s Reports Fourth Quarter and Full Year 2024 Results Management to Host Conference Call Tomorrow at 8:30 a.m. Eastern Time NORWALK, Conn., March 25, 2025 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months and twelve months ended December 31, 2024. Q4 2024 Financial Highlights (vs. Q4 2023): Net sales were $9.7 million compared to $11.7 million.Gross profit increased more than 5x to $2.9 million compared to $0.5 million, with...
Atlanticus Reports Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 net margin growth of 28.0% over prior year, with 3.7 million accounts served (1) ATLANTA, March 13, 2025 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (Atlanticus, the Company, we, our or us), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced its financial results for the fourth quarter and full year ended December 31, 2024. An accompanying earnings p...
Reed’s Schedules Fourth Quarter and Full Year 2024 Conference Call for March 26 at 8:30 a.m. ET NORWALK, Conn., March 12, 2025 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Wednesday, March 26, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the three and twelve months ended December 31, 2024. The Company’s results will be reported in a press release prior to the call. Reed’s management will host the conference call, followed...
Reed’s Announces Leadership Updates NORWALK, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced key leadership changes, effective February 10, 2025, to bolster its executive team and reinforce its operational foundation. Douglas McCurdy has been appointed to Chief Financial Officer (“CFO”), succeeding Joann Tinnelly, who will transition to Chief Accounting Officer (“CAO”). Additionally, Reed’s has appointed Salvatore Vassallo as Vice President of ...
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend ATLANTA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the “Company,” “we” or “our”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced that its Board of Directors approved a quarterly dividend of $0.476563 per share to Series B Cumulative Perpetual Preferred shareholders. The cash dividend will be paid on or about March 17, 2025 to holders of r...
Reed’s Announces Closing of $10.0 Million Private Placement NORWALK, Conn., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced the closing of a securities purchase agreement for a private investment in public equity (“PIPE”) financing. The transaction, which closed on December 30, 2024, generated gross proceeds of $10 million. Pursuant to the terms of the securities purchase agreement, the Company sold an aggregate of approximately 14.7 million shares...
A director at Atlanticus Holdings Corp sold 16,004 shares at 55.550USD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...
Reed’s to Participate at the Sidoti Conference on December 4 NORWALK, Conn., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced its management team will participate in the upcoming Sidoti Conference being held virtually December 4-5, 2024. The team will hold 1x1 meetings throughout the day on December 4, and the Company’s virtual presentation will be available at 1:00 p.m. ET on the same day. Please click to register and view the on-demand presentation...
Reed’s Reports Third Quarter 2024 Results and Provides Business Update Strengthened Liquidity Position with New $10 Million Credit Facility and Assumption of Secured Notes by the Company’s Majority Stockholder Management to Host Conference Call Today at 8:30 a.m. ET NORWALK, Conn., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months ended September 30, 2024. The Company is also providing an update on recent strategic ...
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend ATLANTA, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the “Company,” “we” or “our”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced that its Board of Directors approved a quarterly dividend of $0.476563 per share to Series B Cumulative Perpetual Preferred shareholders. The cash dividend will be paid on or about December 16, 2024 to holders of...
Reed’s Schedules Third Quarter 2024 Conference Call for November 14 at 8:30 a.m. ET NORWALK, Conn., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Thursday, November 14, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the three months ended September 30, 2024. The Company’s results will be reported in a press release prior to the call. Reed’s management will host the conference call, followed by a question-and-answ...
Atlanticus Reports Third Quarter 2024 Financial Results Third Quarter 2024 Total operating revenue growth of 19.0% over prior year, with 3.7 million accounts served (1) ATLANTA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (Atlanticus, the Company, we, our or us), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced its financial results for the third quarter ended September 30, 2024. An accompanying earnings presentation is av...
Reed’s Announces Closing of $6.0 Million Financing NORWALK, Conn., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced it has closed its $6 million private investment in public equity (“PIPE”). Approximately $4.1 million of previously funded Simple Investments in Future Equity (“SAFEs”) automatically converted into the PIPE. $1.9 million of cash proceeds was funded by the lead investor and the Company’s largest stockholder, D&D Source of Life Holding LT...
Reed’s Reports Second Quarter 2024 Results Double-Digit Net Sales Growth and Gross Margin Expansion Drive Lower Operating Loss and Positive Modified EBITDA Reiterates Full Year 2024 Financial Outlook NORWALK, Conn., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months ended June 30, 2024. Q2 2024 Financial Highlights (vs. Q2 2023): Net sales increased 19% to $11.9 million.Gross profit increased 53% t...
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