QualityStocks.net News – Reed's, Inc. (REED) Approved to List on The NASDAQ Capital Market

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Reed's, Inc. (REED) is one of our highlighted companies this month. The company engages in the development, manufacture, marketing, and sale of New Age beverages, as well as candies and ice creams. Its New Age beverages category includes natural soda, fruit juices and fruit drinks, ready-to-drink teas, sports drinks, and water.

In our client’s news today,

Reed’s, Inc. announced that it has been notified by the NASDAQ Stock Market LLC that its common stock is approved for listing on The NASDAQ Capital Market. Currently, the Company is going through the required procedures and anticipates that its common stock will begin trading on the NASDAQ today.

“The approval of our stock for listing on NASDAQ represents a significant milestone in Reed’s progress and development as a publicly traded company. We are tremendously proud of this accomplishment which represents the completion of several steps we have taken to financially position Reed’s for future growth. We remain extremely excited about our market position and growth prospects and believe the listing on NASDAQ will give Reed’s the ability to attract a larger segment of the financial markets and provide improved liquidity,” stated Christopher Reed, Founder and CEO of Reed’s, Inc.

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