Welcome to our dedicated page for Jones Soda news (Ticker: JSDA), a resource for investors and traders seeking the latest updates and insights on Jones Soda stock.
Jones Soda Co. reports developments across its craft soda business, including financial results, product launches, retail distribution and branded partnerships. The company’s updates have featured core soda sales, direct-to-consumer activity, food service, modern soda products and multi-pack programs in Walmart and warehouse club channels in the United States and Canada.
Company announcements also cover licensed beverage programs such as Fallout-inspired Sunset Sarsaparilla, packaging partnerships tied to consumer campaigns, conference calls, operating guidance and management commentary on margins, cost discipline and channel expansion.
Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) has closed the second tranche of its private placement offering, raising $640,000 in this round and a total of $3,653,960 to date. The offering consists of units comprising one common share and one-half detachable share purchase warrant. The company aims to cap the aggregate number of units at 12,500,000, targeting gross proceeds of $5 million. Proceeds will support growth and general corporate purposes. The offering includes a U.S. Financing under Rule 506(b) of Regulation D and a LIFE Offering for eligible investors in Canada (except Quebec). A third tranche is expected to close around August 8, 2024. The securities are not registered under the U.S. Securities Act but include registration rights.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA), a beverage innovation company and leading brand in the cannabis-infused beverage category, has scheduled its Q2 2024 earnings conference call for August 13, 2024, at 4:30 p.m. ET. The company will release its financial results for the quarter ended June 30, 2024, prior to the call. Management will host the call, followed by a Q&A session. A visual presentation will be showcased, and participation through the provided Zoom link is encouraged. The call will be available for replay via webcast and on the company's website. Investors can dial in toll-free at 1-877-407-0784 or internationally at 1-201-689-8560, with Conference ID: 13744441.
Jones Soda Co. (CSE: JSDA, QTCQB: JSDA) has increased its private placement offering from US$4 million to US$5 million. The company plans to issue up to 12,500,000 units at $0.40 per unit. Each unit consists of one common share and half a detachable warrant. Warrants are exercisable at US$0.50 per share for 24 months, with an acceleration clause if the stock price exceeds US$0.80 for five consecutive trading days.
The offering includes a U.S. Financing under Rule 506(b) of Regulation D and a LIFE Offering for Canadian investors. Proceeds will support growth and general corporate purposes. The offering is expected to close around July 23, 2024, subject to regulatory approvals.
Jones Soda announces the launch of Jones Craft Cola and Jones Craft Zero Cola, co-branded with Nitrocross, marking the company's entry into the cola category. This collaboration with Nitrocross, a motorsports entity, will kick off at the Nitrocross race in Richmond, VA, on September 6-7, 2024. The new products will be sold at Nitrocross events and nationwide. CEO David Knight emphasizes this partnership as part of Jones Soda's broader growth strategy, aiming to capture a younger audience with their premium, natural cane sugar and zero-calorie cola options. This initiative builds on Jones' legacy in the action sports community, extending their existing relations with Thrill One Sports & Entertainment and Street League Skateboarding.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) announced an increase in its private placement from $3 million to $4 million due to high demand. The company will issue up to 10 million units at $0.40 per unit. Each unit consists of one common share and one-half of a detachable share purchase warrant, exercisable at $0.50 per share within 24 months. The proceeds will support growth and general corporate purposes. The offering targets accredited investors in the U.S. and eligible non-U.S. investors, with a closing expected around July 23, 2024. The offering is contingent on regulatory approvals.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) announced a private placement of up to 7.5 million units at $0.40 per unit, aiming to raise $3 million. Each unit comprises one common share and a half-share purchase warrant, with each whole warrant exercisable at $0.50 per share for 24 months. The company can accelerate the expiry of the warrants if the stock price exceeds $0.80 for five consecutive days. Proceeds will support growth and general corporate purposes. The offering targets accredited U.S. investors under Regulation D and non-U.S. investors under Regulation S, with an expected closing date of July 18, 2024, pending regulatory approvals.
Jones Soda (CSE: JSDA, OTCQB: JSDA) has launched Mary Jones Hemp Delta-9 (HD-9) Shooters, expanding its product lineup beyond traditional sodas. These new two-ounce portable beverages contain 10MG of HD-9 and come in flavors like Berry Lemonade, Green Apple, MF Grape, and Orange & Cream. This product aims to meet growing consumer demand for small, convenient drink formats and further the company's transition into a high-growth beverage market. CEO David Knight emphasized the company's innovation and national retail market expansion through this new offering. The HD-9 Shooters are available in various brick-and-mortar stores and online.
Jones Soda (JSDA) has announced a charitable partnership with Folds of Honor, a nonprofit providing educational scholarships to families of fallen or disabled U.S. service members and first responders. To kick off the collaboration, Jones Soda will donate 50% of profits from a special 4th of July 12-pack featuring three popular flavors—Strawberry Lime, Cream Soda, and Berry Lemonade. The pack, adorned with the Folds of Honor flag symbol, is available for purchase on the Jones Soda website, with delivery in time for 4th of July. The partnership will extend to the Jones+ Caffeine energy drink line, available across multiple retail channels, including military and grocery stores. CEO David Knight emphasized the importance of supporting military veterans and first responders, while Folds of Honor's CEO, Lt Col Dan Rooney, highlighted the significance of the partnership in raising funds and awareness for their mission.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) has announced its entry into the $19.1 billion craft mixer category with the launch of Jones Premium Craft Mixers. The new range includes six flavors, sold in 7.5-ounce single-size cocktail four-packs, and a mixed six-pack that requires only the addition of vodka. These products will be available nationally by Fall 2024. The launch follows Jones Soda's recent ventures into mini soda cans and pre-mixed alcohol products. CEO David Knight emphasized the company's flavor mastery and commitment to expanding beyond craft soda. The craft mixer market is experiencing an 8.2% CAGR and strong growth in premium segments.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) has launched its new 7.5 ounce mini cans, branded as Jones Minis, available in 700 Walmart stores across the U.S. The mini cans, containing four of Jones' popular flavors, are caffeine-free and ideal for various occasions. The launch will be supported by a nationwide sampling campaign, starting at the Bentonville Bike Fest from May 23-26, 2024. Jones Soda aims to expand Jones Minis across more retailers and into Canadian markets by Fall 2024. CEO David Knight highlights this as another first for the brand, reinforcing Jones Soda's reputation for innovation. The company also plans further growth into alcohol, food service, and cannabis sectors.