REED’S, INC. UNDERWRITING AGREEMENT 13,333,334 Shares of Common StockUnderwriting Agreement • April 16th, 2020 • Reed's, Inc. • Bottled & canned soft drinks & carbonated waters • New York
Reed’s, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to Roth Capital Partners, LLC (the “Underwriter”), an aggregate of 13,333,334 authorized but unissued shares (the “Firm Shares”) of common stock, par value $0.0001 per share (the “Common Stock”), of the Company. The Company also proposes to sell to the Underwriter, upon the terms and conditions set forth in Section 4 hereof, up to an additional 2,000,000 shares of Common Stock (the “Option Shares”). The Firm Shares and the Option Shares are hereinafter collectively referred to as the “Shares”.
