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Reed’s Designates Delaware Court for Legal Actions

Story Highlights
  • Reed’s, Inc. amended its bylaws to designate Delaware’s Court of Chancery for specific legal actions.
  • The amendment centralizes legal proceedings, impacting stakeholders by streamlining processes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reed’s Designates Delaware Court for Legal Actions

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The latest announcement is out from Reed’s ( (REED) ).

On September 25, 2025, Reed’s, Inc. announced an amendment to its bylaws, designating the Court of Chancery of the State of Delaware as the exclusive forum for certain legal actions, including derivative actions and claims of fiduciary duty breaches. Additionally, the amendment specifies that federal district courts in the U.S. will handle complaints under the Securities Act of 1933, potentially centralizing legal proceedings and impacting stakeholders by streamlining the legal process.

The most recent analyst rating on (REED) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reed’s stock, see the REED Stock Forecast page.

Spark’s Take on REED Stock

According to Spark, TipRanks’ AI Analyst, REED is a Neutral.

Reed’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, negative margins, and high leverage. Technical analysis and valuation provide little support, with mixed signals and a negative P/E ratio. The earnings call highlights strategic efforts but also underscores ongoing financial challenges.

To see Spark’s full report on REED stock, click here.

More about Reed’s

Average Trading Volume: 6,644

Technical Sentiment Signal: Strong Sell

Current Market Cap: $52.87M

See more data about REED stock on TipRanks’ Stock Analysis page.

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