Reed's, Inc. Appoints Leon M. Zaltzman as Director
March 22, 2022 at 09:00 am EDT
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On March 21, 2022, the Board of Directors of Reed's, Inc., a Delaware corporation (Reed's), upon recommendation from its governance committee, expanded the board from six to seven members and appointed Leon M. Zaltzman (Mr. Zaltzman) to serve as director. Mr. Zaltzman is the founder and managing member of Union Square Park Capital Management, LLC (USPCM), an SEC Registered Investment Adviser firm and is also the managing member of Union Square Park GP (USPGP). USPCM and USPGP serve as the investment manager and general partner to Union Square Park Partners, LP (USPP Fund), respectively.
Reedâs, Inc. owns a portfolio of handcrafted, natural beverages, which sells in over 45,000 outlets nationwide. These outlets include the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores, liquor stores, and on-premises locations including bars and restaurants. The Company provides craft beverages under the Reedâs, Virgilâs, and Flying Cauldron brand names. Reedâs portfolio includes ginger beers, ginger ales, ready-to-drink ginger mules and hard ginger ales. The Virgil's brand offers an array of flavored sodas, including Root Beer, Vanilla Cream, Black Cherry, Orange Cream, and more. These flavors are also available in six zero-sugar varieties. Flying Cauldron is a non-alcoholic butterscotch beer. Reedâs Craft Ginger Beer line includes varieties with a mix of bottles and cans, including Reedâs Original Ginger Beer, Reedâs Premium Ginger Beer, Reedâs Extra Ginger Beer, Reedâs Strongest Ginger Beer, and others.
REED'S, INC. 
