Jones Soda Co. announced that it expects to receive $2.475 million in funding

Published: 2026-04-30 09:23:38 ET JSDA

Published on 04/30/2026 at 09:23 am EDT

Jones Soda Co. has announced a brokered private placement to issue up to a maximum of 7,500,000 units at a price of $0.33 per unit for aggregate gross proceeds of up to approximately $2.5 million on April 30, 2026. Each unit will be comprised of one common share of the company plus one half of a share purchase warrant.

Each whole warrant will entitle the holder thereof to purchase one share at an exercise price of $0.45 per warrant share for 36 months following the completion of the offering. The transaction is expected to close on or about May 7, 2026.