---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-018110"
form_type: "8-K"
ticker: "JSDA"
cik: "0001083522"
company_name: "JONES SODA CO."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:02:32.797425+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Jones Soda enters $2M secured loan facility with Amerisource Funding Inc.

## Summary
- Maximum borrowing of $2M, secured by first-priority lien on all assets of Jones Soda and its US subsidiaries.
- Advances limited to 80% of eligible accounts receivable, net of reserves.
- Annual interest at Prime Rate plus 3.50%, with 6.00% floor.
- Initial 3-year term, auto-renewing for successive 3-year periods unless terminated with 60 days' notice.
- Events of default include payment default, adverse financial changes, bankruptcy, or loss of key employees; triggers immediate acceleration.

## SEC filing metadata
- accession: 0001437749-24-018110
- form_type: 8-K
- ticker: JSDA
- cik: 0001083522
- company_name: JONES SODA CO.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083522/000143774924018110/0001437749-24-018110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083522/000143774924018110/jsda20240521_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-018110
- JSON: https://secwatch.observer/filing/0001437749-24-018110.json
- Plain text: https://secwatch.observer/filing/0001437749-24-018110.txt

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