Reed’s ( (REED) ) just unveiled an update.
Reed’s, Inc. has appointed Sam Van as an independent member of its board of directors, representing its largest stockholder, D&D Source of Life Holding LTD. This follows D&D’s significant investments in Reed’s, including a $3 million PIPE transaction and a SAFE investment, granting D&D rights to designate board members. Van will receive standard board compensation but has no additional financial ties or interests with Reed’s.
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