Filing Details
- Accession Number:
- 0001493152-23-019839
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-01 17:15:39
- Reporting Period:
- 2023-05-25
- Accepted Time:
- 2023-06-01 17:15:39
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1140215 | Reed's Inc. | REED | Bottled & Canned Soft Drinks & Carbonated Waters (2086) | 352177773 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1636137 | Union Square Park Partners, Lp | 1120 Avenue Of The Americas 15Th Floor New York NY 10036 | No | No | Yes | No | |
| 1666231 | Union Square Park Capital Management, Llc | 1120 Avenue Of The Americas, Suite 1512 New York, NY 10036 | Yes | No | Yes | Yes | |
| 1919051 | Union Square Park Gp, Llc | 1120 Avenue Of The Americas 15Th Floor New York NY 10036 | No | No | Yes | No | |
| 1919218 | Michael Leon Zaltzman | 1120 Avenue Of The Americas Floor 15 New York NY 10036 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-05-25 | 193,424 | $0.00 | 699,494 | No | 4 | P | Indirect | SEE FOOTNOTES |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | SEE FOOTNOTES |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrant | Acquisiton | 2023-05-25 | 1 | $0.00 | 38,685 | $2.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1 | 2023-05-25 | 2026-05-25 | No | 4 | P | Indirect |
Footnotes
- The securities reported herein are held directly by Union Square Park Partners, LP (the "USPP Fund"). Union Square Park Capital Management, LLC ("USPCM") serves as the investment manager to the USPP Fund. Union Square Park GP, LLC ("USPGP") serves as general partner of the USPP Fund. Leon M. Zaltzman serves as the managing member of each of USPCM and USPGP.
- The filing of this statement shall not be deemed an admission that any of the Reporting Persons are the beneficial owners of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.
- Purchase in issuer's PIPE transaction at a price of $2.585 per share plus 1/5 warrant. Warrant contains 19.9% blocker which may be removed by holder upon 60 days' notice to issuer.
- Includes 145,828 shares issuable upon exercise of warrants.
Billionaire Hedge Funds
