The delisting notice is a severe negative signal for a micro-cap stock already in distress. The 15-month compliance window provides time, but the company must raise significant capital to restore positive equity, which will be highly dilutive at an $11M market cap. Monitor for any equity offering or reverse stock split announcement as the company attempts to regain compliance.
Price Chart
Executive Summary
Reed's, Inc. received a delisting notice from NYSE American for failing to meet the $2.0M minimum stockholders' equity requirement, reporting a $(1.5) million deficit. The exchange accepted the company's compliance plan, giving it until November 29, 2027, to regain compliance, but the stock now trades with a '.BC' designation indicating below-compliance status. This adds to the company's existing non-compliance with other listing standards and signals severe financial distress for the $11M market cap beverage company.
Key Facts
- Received NYSE American delisting notice on August 12, 2026 for non-compliance with Section 1003(a)(i) requiring $2.0M minimum stockholders' equity.
- Reported a stockholders' deficit of $(1.5) million as of December 31, 2025.
- Company is not eligible for any exemption in Section 1003(a), including the $50M market cap exemption.
- NYSE American accepted the company's compliance plan on August 12, 2026, with a deadline of November 29, 2027 to regain compliance.
- Common stock will trade under symbol REED with a '.BC' designation indicating below compliance.
- Company was already non-compliant with Sections 1003(a)(ii) and 1003(a)(iii) and had submitted a plan on June 26, 2026.
Financial Impact
Stockholders' deficit of $(1.5) million vs. $2.0 million minimum requirement. Market cap is $11M, making a capital raise to restore equity highly dilutive.
Risk Factors
- Failure to regain compliance by November 29, 2027 will result in delisting from NYSE American, severely reducing liquidity and institutional ownership.
- Any capital raise to restore stockholders' equity will be highly dilutive given the $11M market cap.
- The .BC designation may trigger selling by institutional investors with mandates restricting below-compliance securities.
- Company has reported net losses in five consecutive fiscal years, indicating fundamental business challenges beyond the listing issue.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-038386 |
| Exhibit: ex99-1.htm | 0001493152-26-038386 |
| Document: 0001493152-26-038386-index-headers.html | 0001493152-26-038386 |
| Document: 0001493152-26-038386-index.html | 0001493152-26-038386 |
| Document: 0001493152-26-038386.txt | 0001493152-26-038386 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 26d ago | 8-K | $0.6718 | awaiting T+20 | — | $0.6600 (+1.76%) |
Aug 14, 2026 10w ago | 8-K | $1.07 $0.8457 | ▲ +20.96% | ▲ +18.99% | $0.6600 (+38.32%) |
Aug 11, 2026 10w ago | Press Release | $0.8850 $0.8713 | ▲ +1.55% | ▼ −0.35% | $0.6600 (+25.42%) |
May 12, 2026 23w ago | Press Release | $1.79 $1.70 | ▲ +5.03% | ▲ +4.42% | $0.6600 (+63.13%) |
Apr 24, 2026 26w ago | 8-K | $3.74 $1.81 | ▼ −51.60% | ▼ −56.56% | $0.6600 (−82.35%) |
Apr 17, 2026 27w ago | 8-K | $4.00 $1.89 | ▼ −52.75% | ▼ −56.95% | $0.6600 (−83.50%) |
Apr 8, 2026 28w ago | 8-K | $3.77 $3.49 | ▼ −7.43% | ▼ −14.99% | $0.6600 (−82.49%) |
Mar 24, 2026 30w ago | Press Release | $3.63 $3.75 | ▲ +3.31% | ▼ −4.56% | $0.6600 (−81.82%) |
Mar 11, 2026 32w ago | Press Release | $3.69 $3.83 | ▲ +3.79% | ▲ +1.82% | $0.6600 (−82.11%) |
US Market Status
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