Jones Soda issues $450K promissory note to chairman Paul Norman at 12% interest

JONES SODA CO.

Unsecured $450,000 note from Chairman Paul Norman, interest 12% per annum, maturity October 10, 2025.
Plus a $22,000 origination fee payable at maturity; note amends and restates an earlier April 10, 2025 note.
Loan is from an insider; proceeds are not specified.
Interest accrues monthly and is payable on the maturity date; prepayment without penalty allowed.

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