Jones Soda amends filing, corrects private placement size to 5,257,576 units for $1,735,000 proceeds
JSDA•Warrant terms and sale details clarified
The filing also revised the warrant acceleration trigger to $0.73 from $0.47. Warrants exercise at $0.45 for 36 months.
The company clarified that the units were sold in the U.S. under Rule 506(b) to accredited investors.
A July 8 press release was tied to a separate planned non-brokered unit offering for up to $765,000.
Amended filing corrects private placement terms
Jones Soda filed an amended 8-K to correct terms of its July 7, 2026 private placement.
The unit issuance was cut to 5,257,576 from 7,500,000, and gross proceeds were revised to $1.74 million from $2.5 million.
