Shufen Deng - 25 May 2023 Form 3 Insider Report for REED'S, INC. (REED)

Role: 10%+ Owner
Signature: By: /s/ DENG Shufen
Issuer symbol: REED
Transactions as of: 25 May 2023
Net transactions value: $0
Form type: 3
Filing time: 05 Jun 2023, 07:20:21 UTC
Next filing: 13 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	REED	Common Stock, $0.0001 par value per share						1,160,542	25 May 2023	See footnotes	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	REED	Warrants (Right to Purchase)							25 May 2023	Common Stock	232,108	$2.50	See footnotes	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported herein are held directly by D&D Source of Life Holding Ltd. ("D&D"). DENG Shufen is the sole shareholder of D&D and may be deemed to beneficially own the securities reported herein.
F2	Each of the Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein.

Remarks:

To provide additional context and facilitate understanding, the information contained in the Schedule 13D filed with the Securities and Exchange Commission by D&D Source of Life Holding Ltd. and DENG Shufen in relation to securities of the Issuer on or about June 5, 2023, is incorporated by reference into this Form 3. The Reporting Persons disclaim responsibility for the accuracy of the information provided by the Issuer.