Reed's, Inc. (REED.US), a beverage manufacturer known for its ginger-based drinks, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise up to $10 million. Currently traded over-the-counter under the ticker REED, the company plans to issue 1.3 million shares at $7.54 per share—the latest OTC market price—valuing the company at $77 million.

Reed's operates two major brands, Reed's and Virgil’s, offering a portfolio of 50 natural, premium, and functional beverages. Its products are distributed through a network of seven co-packers and five distribution centers, reaching over 32,000 retail locations across the U.S. and approximately 9,000 distribution points in Canada, the U.K., South Africa, the Caribbean, the EU, and the Asia-Pacific region.

Competing in the $45 billion U.S. carbonated soft drink market, Reed's specializes in full-sugar and zero-sugar organic ginger ales, 7% ABV ready-to-drink alcoholic ginger beverages, 5% ABV hard ginger ales, and multi-functional sodas made with organic ingredients.

Founded in 1991 and headquartered in Norwalk, Connecticut, the company reported $36 million in revenue for the twelve months ending September 30, 2025. Reed's intends to list on the NYSE American under the same ticker "REED," with A.G.P. serving as the sole book-running manager for the offering.