Reed's to move common stock listing to New York Stock Exchange from Nasdaq Global Market beginning Jan. 2
December 19, 2012
– Reed's Inc. ( NASDAQ : REED ), maker of the top-selling sodas in natural food stores nationwide announced today the pending transfer of the listing of its common stock from the NASDAQ Global Market ("NASDAQ") to the NYSE Euronext's NYSE MKT ("NYSE MKT"). The Company expects to begin trading on the NYSE MKT on January 2, 2013. The Company's common stock will continue to trade under the ticker symbol "REED."
"It such an exciting milestone to be accepted to the most prestigious stock exchange," said Christopher Reed, Founder and Chief Executive Officer. "With this move to NYSE MKT we will be joining ranks with some of the most highly recognized food, beverage and consumer packaged goods companies in the world. We feel that transferring the listing of our common stock to NYSE MKT will result in heightened awareness throughout the financial community and capital markets, while improving our liquidity."
About Reed's, Inc.
Reed's, Inc. makes the top-selling natural sodas in the natural foods industry sold in over 13,000 natural food markets and supermarkets nationwide. Its six award-winning non-alcoholic Ginger Brews are unique in the beverage industry, being brewed, not manufactured and using fresh ginger, spices and fruits in a brewing process that predates commercial soft drinks. The Company owns the top-selling root beer line in natural foods, the Virgil's Root Beer product line, and the top-selling cola line in natural foods, the China Cola product line. In 2012, the Company launched Reed's Culture Club Kombucha line of organic live beverages. Other product lines include: Reed's Ginger Candies and Reed's Ginger Ice Creams. In 2009, Reed's started producing private label natural beverages for select national chains. Reed's products are sold through specialty gourmet and natural food stores, mainstream supermarket chains, retail stores and restaurants nationwide, and in Canada, as well as through private label relationships with major supermarket chains.
For more information about Reed's, please visit the Company's website at: http://www.reedsinc.com or call 800-99-REEDS.