John Bello Amends Reed's Inc. 13D Filing

TL;DR

Bello updated his Reed's (REED) 13D filing on 9/10/24. Watch this space.

AI Summary

On September 10, 2024, John Bello filed an amendment (Amendment No. 4) to Schedule 13D for Reed's, Inc. This filing indicates a change in beneficial ownership of the company's common stock. The filing was made by John Bello, with Ruba Qashu Barton LLP acting as the authorized contact.

Why It Matters

This filing signals a potential shift in control or strategy for Reed's, Inc. as a significant shareholder updates their stake.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, which can introduce volatility.

Key Players & Entities

• John Bello (person) — Filing person
• Reed's, Inc. (company) — Subject company
• Ruba Qashu Barton LLP (company) — Authorized contact
• September 10, 2024 (date) — Date of event requiring filing

FAQ

Key Financial Figures

• $0.0001 — INC. (Name of Issuer) Common Stock ($0.0001 par value per share) (Title of Class
• $300,000 — tment with the Issuer for the amount of $300,000. The SAFE investment converts into the
• $1.50 — price in the next equity financing and $1.50. On September 10, 2024, the Issuer cl
• $1 — ,000,000 Shares at a per Share price of $1.50, pursuant to a securities purchase a

Filing Documents

• formsc13da.htm (SC 13D/A) — 67KB
• 0001493152-24-040378.txt ( ) — 68KB

From the Filing

SC 13D/A 1 formsc13da.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 4)* REED’S, INC. (Name of Issuer) Common Stock ($0.0001 par value per share) (Title of Class of Securities) 758338305 (CUSIP Number) Ruba Qashu Barton LLP 100 Wilshire Suite 1300, Los Angeles CA 90401 (949) 355-5405 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 10, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provision of the Act (however, see the Notes). CUSIP No. 758338305 1. Names of Reporting Persons: John J. Bello I.R.S. Identification Nos. of above persons (entities only): 2. Check the Appropriate Box if a Member of a Group (a) (b) 3. SEC Use Only 4. Source of Funds (See instructions) PF 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization: US Number of shares Beneficially owned By each reporting Person with: 7. Sole Voting Power: 233,481 (1) 8 . Shared Voting Power: 385,244 (2) 9. Sole Dispositive Power: 233,481 (1) 10. Shared Dispositive Power: 385,244 (2) 11. Aggregate Amount Beneficially Owned by Each Reporting Person: 618,725 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13. Percent of Class Represented by Amount in Row (11): 7.5% (3) 14. Type of Reporting Person (See Instructions): IN This Schedule 13D/A amends and restates in its entirety the statement on Schedule 13D filed by the Reporting Persons with the SEC on May 20, 2020, as amended June 7, 2023, December 13, 2023 and April 2, 2024. 2 (1) Includes 25,087 shares (“Shares”) of common stock, par value $0.0001 per share (the “Common Stock”) of Reed’s Inc., a Delaware corporation (the “Issuer”) held by the Bello Family Partnership, Shares underlying 58,555 currently exercisable warrants held in name of Reporting Person, 2,318 Share held in Reporting Person’s personal IRA, 20 Shares underlying currently exercisable stock options issued to Reporting Person and 200,201 Shares held in Reporting Person’s Name. (2) Reporting Person shares voting and dispositive control of 385,244 Shares including 38,685 currently Shares underlying exercisable warrants held by the John and Nancy Bello Revocable Trust with co-trustee and spouse, Nancy Bello. (3) The calculation is based upon a denominator of 8,284,531 which includes (i) 4,187,291 shares of common stock outstanding as of August 1, 2024 as disclosed in the Issuer’s Form 10-Q filed on August 13, 2024, (ii) 97,240 Shares issuable upon exercise of exercisable warrants and (iii) 4,000,000 Shares issued in the 2024 PIPE. Item 1. Security and Issuer. This Stock”) of Reed’s, Inc., a Delaware corporation (the “ Issuer ”) . The principal executive offices of the Issuer are located at 201 Merritt 7 Corporate Park, Norwalk, Connecticut 06851. Item 2. Identity and Background. (a) The names of the person filing this statement on Schedule 13D (the “Reporting Person”) is John Bello. (b) The Reporting Person’s principal business address is 201 Merritt 7 Corporate Park, Norwalk, Connecticut 06851. (c) The Reporting Person is the Chairman of the board of directors of the Issuer. (d) The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) The Reporting Persons has not been, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) The Reporting Person is a citizen of the

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View this SC 13D/A filing on SEC EDGAR