secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001493152-26-003378
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 1.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000149315226003378/0001493152-26-003378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000149315226003378/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-003378

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