Jones Soda Nears Completion of $5M Private Financing

Jones Soda (JSDA) has released an update.

Jones Soda Co. has announced the near completion of its private placement financing, achieving aggregate proceeds of US$3.65 million with plans to finalize the last tranche by August 21, 2024. The financing involves units of common shares and share purchase warrants, aiming for a total of US$5 million, boosting the company’s financial flexibility for its unique portfolio of craft sodas and cannabis-infused beverages.

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