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Live News EQUITY FLASH L impact

Reed’s Converts $9.25M Revolver to Term Loan, Extends Maturity

Reed's refinanced its $9.25M senior secured facility into a term loan maturing June 30, 2027, at 8.75% interest. A liquidity covenant is waived to Nov. 6, 2026, with the company required to receive at least $10.0M in cash equity by that date.