reports
Reed’s Announces Closing of $5.0 Million Private Placement and Board U...
Reed’s Announces Closing of $5.0 Million Private Placement and Board Updates NORWALK, Conn., Sept. 16, 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 September 15, 2025, generated gross proceeds of $5.0 million. Pursuant to the terms of the securities purchase agreement, the Company sold an aggregate of 5,000,000 shares...
Reed’s Announces Organizational and Leadership Updates to Support Grow...
Reed’s Announces Organizational and Leadership Updates to Support Growth and Optimization Initiatives Appoints Veteran Luxury and Spirits Marketer Tina Reejsinghani as CMO to Lead Next Phase of Brand Growth NORWALK, Conn., Sept. 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, today announced a series of organizational and leadership updates aimed to enhance its operational efficiency and position the Company for long-term success. Following a careful evaluation of its ...
Atlanticus Announces Acquisition of Mercury Financial LLC
Atlanticus Announces Acquisition of Mercury Financial LLC Adds $3.2 billion of credit card receivables to Atlanticus’ general purpose credit card segmentExpands Atlanticus’ product offering and capabilities into the much larger near-prime consumer segmentBrings together two platforms that share a relentless focus on meeting the needs of the financially underserved ATLANTA, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus”, the “Company”, “we”, “our” or “us”), announced today that it has acquired Mercury Financial LLC (“Mercury”). Mercury is a...
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend ATLANTA, Aug. 21, 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 September 15, 2025 to holders o...
Atlanticus Holdings Corporation Announces Pricing of $400 million Seni...
Atlanticus Holdings Corporation Announces Pricing of $400 million Senior Notes Offering ATLANTA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the “Company,” “we” or “our”) today announced that it has successfully priced an offering of $400,000,000 aggregate principal amount of 9.750% Senior Notes due 2030 (the “Notes”) to be issued by the Company and guaranteed by certain of its domestic subsidiaries. The Notes are expected to be issued on August 20, 2025, subject to the satisfaction or waiver of customary closing conditions. The Compa...
Reed’s Reports Second Quarter 2025 Results
Reed’s Reports Second Quarter 2025 Results Management to Host Conference Call Tomorrow at 8:30 a.m. ET NORWALK, Conn., Aug. 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, is reporting financial results for the three and six months ended June 30, 2025. Q2 2025 Financial Highlights (vs. Q2 2024): Net sales were $9.5 million compared to $11.9 million.Gross profit was $0.8 million compared to $3.8 million, with gross margin of 8% compared to 32%. Excluding inventory writ...
Atlanticus Holdings Corporation Announces Offering of Senior Notes
Atlanticus Holdings Corporation Announces Offering of Senior Notes ATLANTA, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the “Company,” “we” or “our”) today announced an offering of $400,000,000 aggregate principal amount of Senior Notes due 2030 (the “Notes”) to be issued by the Company and guaranteed by certain of its domestic subsidiaries. The Company intends to use the net proceeds from the offering of the Notes (i) to repay amounts outstanding under its recourse warehouse facilities, (ii) for general corporate purposes, including to...
Atlanticus Reports Second Quarter 2025 Financial Results
Atlanticus Reports Second Quarter 2025 Financial Results Second Quarter 2025 net margin growth of 35.8% over prior year, with 4.0 million accounts served (1) ATLANTA, Aug. 07, 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 second quarter ended June 30, 2025. An accompanying earnings presentation is available in the I...
Reed’s Schedules Second Quarter 2025 Conference Call for August 13 at ...
Reed’s Schedules Second Quarter 2025 Conference Call for August 13 at 8:30 a.m. ET NORWALK, Conn., July 30, 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, August 13, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the three months ended June 30, 2025. 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-answer per...
Reed’s to Participate in OTC Markets Virtual Investor Conference on Ju...
Reed’s to Participate in OTC Markets Virtual Investor Conference on June 26 NORWALK, Conn., June 18, 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 its participation in the upcoming OTC Markets Virtual Investor Conference on Thursday, June 26, 2025. Reed’s management team will hold virtual 1x1 meetings throughout the day and host a presentation at 2:00pm ET. This will be a live, interactive event where investors are invited to ask the Company questions in re...
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend ATLANTA, May 13, 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 June 16, 2025 to holders of reco...
Reed’s Reports First Quarter 2025 Results
Reed’s Reports First Quarter 2025 Results Management to Host Conference Call Tomorrow at 8:30 a.m. ET NORWALK, Conn., May 13, 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 ended March 31, 2025. Q1 2025 Financial Highlights (vs. Q1 2024): Net sales increased 4.5% to $10.0 million.Gross profit remained flat at $3.4 million, with gross margin of 33.9% compared to 35.6%.Delivery and handling costs were $3.13 per case c...
Atlanticus Reports First Quarter 2025 Financial Results
Atlanticus Reports First Quarter 2025 Financial Results First Quarter 2025 net margin growth of 26.4% over prior year, with 3.8 million accounts served (1) ATLANTA, May 08, 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 first quarter ended March 31, 2025. An accompanying earnings presentation is available in the Inve...
Reed’s Launches New Multifunctional Soda Line with 4 Bold Flavors
Reed’s Launches New Multifunctional Soda Line with 4 Bold Flavors Bringing Fresh, Organic Ginger & Functional Ingredients to the Modern Wellness Space NORWALK, Conn., May 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, is thrilled to introduce its all-new Multifunctional Soda Line, redefining refreshment with delicious flavors, powerful ingredients, and a smarter way to sip. This new line features four innovative flavors: Berry Bubbly, Strawberry Vanilla, Root Beer, and...
Reed’s Schedules First Quarter 2025 Conference Call for May 14 at 8:30...
Reed’s Schedules First Quarter 2025 Conference Call for May 14 at 8:30 a.m. ET NORWALK, Conn., April 30, 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, May 14, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the three months ended March 31, 2025. 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-answer period. ...
Reed’s Announces Leadership and Board Updates
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 ...
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
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
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...
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...
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