Reed's Inc. (NYSE American: REED) received a deficiency notice from NYSE American on May 29 regarding non-compliance with listing standards related to stockholders' equity requirements.

The beverage company reported stockholders' equity of $2.7 million as of March 31, 2026, and has recorded net losses in its five most recent fiscal years. These factors place Reed's below compliance with Sections 1003(a)(ii) and (iii) of NYSE American's listing standards, according to the company's announcement.

Reed's must submit a compliance plan to NYSE American by June 28, 2026, outlining actions to regain compliance with continued listing standards by November 29, 2027. The company has an eighteen-month cure period during which its common stock will continue trading on NYSE American, provided it maintains compliance with other applicable listing rules.

The company is not currently eligible for any exemption from the stockholders' equity requirements under Section 1003(a) of the NYSE American Company Guide.

Reed's operates as a beverage company that produces natural ginger beverages and craft sodas under the Reed's, Virgil's, and Flying Cauldron brand names. The company was established in 1989 and distributes its products through over 32,000 stores nationwide.

The information was disclosed in a company press release statement.