BRIEF-Reed's Enters into Backstop Agreement With Raptor/ Harbor Reeds Spv Llc
Dec 11 (Reuters) - Reed’s Inc:
* REED‘S SAYS ON DEC 6, CO ENTERED BACKSTOP AGREEMENT WITH RAPTOR/ HARBOR REEDS SPV LLC, A SHAREHOLDER OF THE REED‘S - SEC FILING
* REED‘S SAYS RAPTOR AGREED TO BUY A MINIMUM OF $6 MILLION UNITS PURSUANT TO ITS SUBSCRIPTION RIGHTS AND IN A PRIVATE PLACEMENT
* REED'S SAYS AGREED TO WORK TO APPOINT UP TO 2 INDIVIDUALS DESIGNATED BY RAPTOR TO CO'S BOARD Source text: [bit.ly/2BU2KWV] Further company coverage: