other material
confidence high
sentiment neutral
materiality 0.40
Jones Soda closes first tranche of private placement, raises ~$200,155
JONES SODA CO.
- Closed 606,530 units at $0.33/unit for gross proceeds of ~$200,155 on Aug 5-6, 2026.
- Each unit: 1 common share + half warrant; warrant exercise price $0.45 for 36 months.
- Warrants accelerate to 30-day expiry if shares exceed $0.47 for 5 consecutive trading days.
- Insiders, including CFO, participated in $100,000 of the tranche.
- Proceeds for growth and general corporate purposes; 4-month+1-day hold; CSE approval pending.