---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-003429"
form_type: "8-K"
ticker: "JSDA"
cik: "0001083522"
company_name: "JONES SODA CO."
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T07:49:45.743553+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Jones Soda completes Pinestar Gold acquisition and $11M financings for cannabis entry

## Summary
- Acquired all Pinestar Gold shares via plan of arrangement; issued 20M+ Jones shares to Pinestar holders.
- Closed $8M subscription receipt financing at $0.50/unit; proceeds for cannabis-infused beverages/edibles.
- Issued $3M of 3% unsecured convertible debentures due 2023, convertible at $0.50/unit.
- Directors Michael Fleming and Jeffrey Anderson resigned; Alex Spiro and Chad Bronstein appointed.
- Conditional approval received to list Jones shares on Canadian Securities Exchange (CSE).

## SEC filing metadata
- accession: 0001437749-22-003429
- form_type: 8-K
- ticker: JSDA
- cik: 0001083522
- company_name: JONES SODA CO.
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083522/000143774922003429/0001437749-22-003429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083522/000143774922003429/jsda20220215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-003429
- JSON: https://secwatch.observer/filing/0001437749-22-003429.json
- Plain text: https://secwatch.observer/filing/0001437749-22-003429.txt

## Key facts
- Executive change
  Alex Spiro was appointed as Director at JONES SODA CO..
  - Action: appointed
  - Role: Director
  source text: the Board appointed each of Alex Spiro and Chad Bronstein to serve as directors on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083522/000143774922003429/0001437749-22-003429-index.htm
- Executive change
  Michael Fleming resigned as Director at JONES SODA CO..
  - Action: resigned
  - Role: Director
  source text: each of Michael Fleming and Jeffrey Anderson gave notice to the Company’s Board of Directors (the “Board”) that they each intended to resign as directors on the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083522/000143774922003429/0001437749-22-003429-index.htm
- Executive change
  Chad Bronstein was appointed as Director at JONES SODA CO..
  - Action: appointed
  - Role: Director
  source text: the Board appointed each of Alex Spiro and Chad Bronstein to serve as directors on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083522/000143774922003429/0001437749-22-003429-index.htm
- Executive change
  Jeffrey Anderson resigned as Director at JONES SODA CO..
  - Action: resigned
  - Role: Director
  source text: each of Michael Fleming and Jeffrey Anderson gave notice to the Company’s Board of Directors (the “Board”) that they each intended to resign as directors on the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083522/000143774922003429/0001437749-22-003429-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.