Jones Soda Co. Announces Private Placement Raising $200,000

What Happened

• Jones Soda Co. (JSDA) announced it closed a non‑brokered private placement on August 5, 2026, issuing 606,060 units at $0.33 per unit for aggregate gross proceeds of $200,000. Each unit consisted of one share of common stock and one‑half of a share purchase warrant. The company filed the 8‑K on August 11, 2026 and attached a press release as Exhibit 99.1.

Key Details

• Units issued: 606,060 shares; price: $0.33 per unit; gross proceeds: $200,000.
• Warrants: 1/2 warrant per unit → 303,030 warrants issued; exercise price $0.45 per share; term: 36 months from issuance (expires in Aug 2029 unless accelerated).
• Acceleration feature: company may accelerate warrant expiry if the common stock closes above $0.73 on the OTCQB or Canadian Securities Exchange for 5 consecutive trading days.
• Warrant terms are identical to those from the company’s July 7, 2026 private placement.

Why It Matters

• This transaction provides Jones Soda with immediate cash of $200,000 to use for corporate needs.
• The issuance increases the company’s outstanding common shares by 606,060 and could further dilute shareholders if the 303,030 warrants are exercised into additional shares at $0.45 each (which would generate roughly $136,363 if fully exercised).
• The acceleration feature means warrant holders could be forced to exercise earlier if the stock price rises above the specified trigger, potentially accelerating dilution and raising additional cash for the company.