EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Jones Soda Co. Announces Closing of Private Placement SEATTLE, Washington, August 6, 2026 - Jones Soda Co. (“Jones Soda” or the “Company”) (CSE: JSDA, OTCQB: JSDA) is pleased to announce that it has closed the first tranche of its previously announced Canadian non-brokered private placement (the “Offering”) of 606,530 units of the Company (each, a “Unit”) at a price of US$0.33 per Unit for aggregate gross proceeds of approximately $200,155. Each Unit is composed of: (i) one (1) common share in the capital of the Company (each, a “Common Share”); and (ii) one-half (1/2) of one Common Share purchase warrant (each whole warrant, a “ Warrant ”). Each whole Warrant will entitle the holder thereof to purchase one Share (each, a “Warrant Share”) at an exercise price of US$0.45 per Warrant Share for 36 months following the completion of the Offering (the “Expiry Time”). If at any time prior to the Expiry Time, the closing trading price of the underlying Common Shares on either the OTCQB Venture Marketplace or other stock exchange or over-the-counter market in the United States where the Common Shares are then trading, exceeds US$0.47 (provid…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Jones Soda Co
Other Events
Item 8.01 Other Events. On August 5, 2026, the Company closed a non-brokered private placement (the “Offering”) of 606,060 units (the “Units”) at $0.33 per Unit, for aggregate gross proceeds of $200,000. Each Unit is composed of: (i) one (1) share of common stock of the Company; and (ii) one-half (1/2) of a share purchase warrant (an “Warrant”).…
Company context
Our company is a Washington corporation formed in 2000 as a successor to Urban Juice and Soda Company Ltd., a Canadian company formed in 1986. Our principal place of business is located at 1522 Western Ave, Suite 24150, Seattle, WA 98101. Our telephone number is (206) 624-3357.
Current securities
Historical securities (2)
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events.
On
August 5, 2026, the Company closed a non-brokered private placement (the “Offering”) of 606,060 units (the “Units”)
at $0.33 per Unit, for aggregate gross proceeds of $200,000. Each Unit is composed of: (i) one (1) share of common stock of the Company;
and (ii) one-half (1/2) of a share purchase warrant (an “Warrant”). The terms of the Warrants are identical to the warrants
issued in the Company’s private placement offering that closed on July 7, 2026, including an exercise price of $0.45 per share
for a period of 36 months from the date of issuance, subject to the Company’s right to accelerate the expiry date of the Warrants
if the closing price of the Company’s common stock on the OTCQB or the Canadian Securities Exchange exceeds $0.73 for a period
of five (5) consecutive trading days. A copy of such press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.