---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-003378"
form_type: "8-K"
ticker: "JSDA"
cik: "0001083522"
company_name: "JONES SODA CO."
filed_at: "2026-01-23T23:59:59+00:00"
generated_at: "2026-05-16T08:20:55.313792+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Jones Soda sells promissory note for $1.4M cash, issues 550k warrants at $0.40

## Summary
- Assigned promissory note (original $2.51M) to Two Shores Capital for $1.4M cash.
- Remaining note balance as of Dec 31, 2025 was $2.0M, due in installments by June 2028.
- Issued warrants to purchase 550,000 shares at $0.40/share, exercisable for three years.
- Proceeds from sale and warrant issuance used for general working capital.

## SEC filing metadata
- accession: 0001493152-26-003378
- form_type: 8-K
- ticker: JSDA
- cik: 0001083522
- company_name: JONES SODA CO.
- filed_at: 2026-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083522/000149315226003378/0001493152-26-003378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083522/000149315226003378/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003378
- JSON: https://secwatch.observer/filing/0001493152-26-003378.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003378.txt

## Key facts
- Material Agreements
  JONES SODA CO. entered into Assignment and Assumption of Debt Agreement with Two Shores Capital Corp. and MJ Reg Disrupters, LLC valued at $1,400,000 (effective 2026-01-16).
  - Action: entry
  - Counterparty: Two Shores Capital Corp. and MJ Reg Disrupters, LLC
  - Value: $1,400,000
  - Effective: 2026-01-16
  source text: On January 16, 2026, the Company entered into an Assignment and Assumption of Debt Agreement (the “Agreement”) with Two Shores Capital Corp. (“Assignee”), and Debtor pursuant to which the Company agreed to assign the Note to Assignee for a cash payment of $1,400,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083522/000149315226003378/0001493152-26-003378-index.htm

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