Jones Soda upsizes private placement to $4M; offers units at $0.40 with warrants

JONES SODA CO.

Initial offering of 7.5M units at $0.40/unit for $3M gross proceeds upsized to 10M units for $4M.
Each unit comprises one common share and one-half warrant exercisable at $0.50/share for 24 months.
Net proceeds to support growth and general corporate purposes.
Offering expected to close on or about July 23, 2024, subject to CSE approval.
Offered to accredited investors under Rule 506(b) and Regulation S; no U.S. registration.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.