Recent Updates — JSDA
Jones Soda Co. closed a non-brokered private placement on August 5, 2026, selling 606,060 units at $0.33 per unit for aggregate gross proceeds of $200,000. Each unit consists of one share of common stock and one-half of a warrant exercisable at $0.45 per share for 36 months. Insiders, including the CFO, participated in $100,000 of this tranche. The company intends to use net proceeds to support growth and general corporate purposes. Jones Soda Co. is a leading craft soda manufacturer that markets and distributes premium craft sodas under the Jones brand.
Jones Soda Co. filed an amendment to correct errors in a prior 8-K regarding a private placement closing on July 7, 2026. The company issued 5,257,576 units at $0.33 per unit, raising $1,735,000 in gross proceeds, rather than the previously stated 7,500,000 units for $2.5 million. Each unit consists of one common share and one-half of a warrant exercisable at $0.45 per share for 36 months. The warrant acceleration trigger was corrected to $0.73 per share. The company also announced an intention to complete an additional non-brokered private placement for up to $765,000. Jones Soda Co. manufactures and sells soft drinks and other beverages.
Mark Murray retired from the Board of Directors effective July 13, 2026, for personal reasons. The company stated the retirement was not due to any disagreement regarding operations, policies, practices, or financial disclosures. The Board will evaluate the timing for appointing a replacement as part of its governance process. Jones Soda Co. is a craft soda manufacturer that markets and distributes premium sodas across North America.
On July 7, 2026, Jones Soda Co. closed an offering of 7,500,000 units at $0.33 per unit, generating $2.5 million in aggregate gross proceeds. Each unit consists of one common share and one-half of a share purchase warrant. The warrants are exercisable for one share at $0.45 per share for 36 months, with an acceleration clause if the closing price exceeds $0.47 for five consecutive trading days. The company also entered into a registration rights agreement requiring an SEC registration statement filing within 30 days. Jones Soda Co. is a beverage company that produces soft drinks.