secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001437749-24-024334
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jones Soda raises $3.65M through private placement of units at $0.40/unit
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- First tranche closed July 26: 7,535,000 units at $0.40, gross $3,013,960.
- Second tranche closed July 31: 1,600,000 units at $0.40, gross $640,000.
- Units consist of one common share and one-half warrant; warrant exercise $0.50 for 24 months with acceleration clause.
- Total proceeds to date $3,653,960; net proceeds for growth and general corporate purposes.
- Third tranche expected ~Aug 8, 2024; aggregate offering capped at $5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000143774924024334/0001437749-24-024334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000143774924024334/jsda20240801_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-024334

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer