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Jones Soda Co. (CSE: JSDA) reports Board retirement of Mark Murray

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Jones Soda Co. reported that director Mark Murray notified the Board on July 13, 2026 that he is retiring from the Board, effective immediately, for personal reasons. The company states his departure did not result from any disagreement with the company, its management, the Board, any committee, or its operations, policies or practices.

The company issued a press release on July 14, 2026 confirming his resignation and highlighting his contributions to the company’s recent turnaround. The remaining directors will continue to serve while the Board evaluates the timing and need for appointing an additional director as part of its ongoing corporate governance and succession-planning process.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Board retirement effective date July 13, 2026 Effective date of Mark Murray’s retirement from the Board
Press release date July 14, 2026 Date Jones Soda announced Mark Murray’s resignation
Signature date July 15, 2026 Date the report was signed by the President and Chief Executive Officer
Emerging growth company regulatory
"…or Rule 12b-2 of the Securities Exchange Act of 1934… Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
forward-looking information regulatory
"This news release may contain forward-looking information within the meaning of applicable"
Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.
succession-planning process financial
"will evaluate the timing and need for appointing an additional director as part of its ongoing corporate governance and succession-planning process"
corporate governance financial
"as part of its ongoing corporate governance and succession-planning process"
Corporate governance is the system of rules, roles and oversight that determines how a company is directed and controlled, including the responsibilities of its board, executives and shareholders. Like the steering wheel and map for a car trip, it shapes decisions, sets checks on power and defines who can hold leaders accountable; strong governance reduces risk, builds trust and helps investors judge whether a company is likely to protect capital and deliver reliable returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What board change did Jones Soda Co. (JSDA) disclose in this 8-K?

Jones Soda Co. disclosed that director Mark Murray retired from its Board of Directors, effective July 13, 2026, for personal reasons. The company emphasized that his departure was not due to any disagreement over operations, policies, practices, or governance matters.

When was Mark Murray’s resignation from Jones Soda Co. (JSDA) effective?

Mark Murray’s resignation from Jones Soda’s Board was effective July 13, 2026. He informed the Board on that date, and the company later issued a press release on July 14, 2026 confirming his departure and acknowledging his contributions to the company’s turnaround.

Did Mark Murray resign from Jones Soda Co. (JSDA) over a disagreement?

No. Jones Soda states that Mark Murray’s resignation was not due to any disagreement with the company, its management, the Board, or any committee, including matters related to operations, policies, practices, accounting principles, financial statement disclosure, or internal controls.

How will Jones Soda Co. (JSDA) handle board composition after Mark Murray’s departure?

Jones Soda’s Board will continue with its remaining members following Mark Murray’s resignation. The Board plans to evaluate the timing and need for appointing an additional director as part of its ongoing corporate governance and succession-planning process.

On which markets are Jones Soda Co. (JSDA) shares traded?

Jones Soda’s shares trade on the CSE under JSDA and on OTCQB under JSDA. The company describes itself as a leading craft soda manufacturer, marketing premium Jones-branded sodas across North America in bottles, cans and fountain formats.

Where is Jones Soda Co. (JSDA) headquartered and how can it be contacted?

Jones Soda is headquartered at 1522 Western Ave, Suite 24150, Seattle, Washington 98101. General contact is via telephone at 1-206-624-3357, with designated media, company, and investor relations contacts listed in the news release.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): July 13, 2026

 

JONES SODA CO.

(Exact name of registrant as specified in its charter)

 

Washington   000-28820   52-2336602

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1522 Western Ave, Suite 24150

Seattle, Washington 98101

(Address of principal executive offices, including zip code)

 

(206) 624-3357

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Exchange Act: None

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 13, 2026, Mark Murray informed the Board of Directors (the “Board”) of Jones Soda Co. (the “Company”) that he was retiring from the Board effective immediately for personal reasons. Mr. Murray’s retirement from the Board was not the result of any disagreement between Mr. Murray and the Company, its management, the Board or any committee of the Board, or with respect to any matter relating to the Company’s operations, policies or practices. As there are no disagreements as contemplated by Item 5.02(a) of Form 8-K, the Company is disclosing this information pursuant to Item 5.02(b) of Form 8-K.

 

Item 8.01 Other Events.

 

On July 14, 2026, the Company issued a press release announcing the resignation of Mark Murray from the Board. A copy of such press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release dated July 14, 2026
104   Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  JONES SODA CO.
     
  By: /s/ Scott Harvey
  Name:  Scott Harvey
  Title: President and Chief Executive Officer
     
Date: July 15, 2026    

 

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Exhibit 99.1

 

FOR IMMEDIATE RELEASE

 

JONES SODA CO. ANNOUNCES RESIGNATION OF DIRECTOR

 

SEATTLE, Washington – July 14, 2026 – - Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) (“Jones Soda” or the “Company”) today announces that Mark Murray has resigned from the Company’s Board of Directors, effective July 13, 2026.

 

The Company thanks Mark for their service and valuable contributions during their tenure on the Board and wishes them continued success in their future endeavors.

 

“On behalf of the Board of Directors, I want to thank Mark Murray for his dedicated service and commitment to Jones Soda. Mark has been an important part of the Company’s turnaround over the past several years, providing practical insight, sound judgment, and unwavering support during a transformational period. His down-to-earth approach and ability to provide candid, thoughtful guidance have been invaluable to both management and the Board. We are grateful for his many contributions, wish him continued success, and thank him for helping position Jones Soda for its next chapter of growth.” said Paul Norman, Chairman of the Board.

 

The Company confirms that Mark’s resignation was not the result of any disagreement with the Company relating to its operations, policies or practices, including any matter relating to the Company’s accounting principles or practices, financial statement disclosure or internal controls.

 

The Board of Directors will continue to comprise its remaining members and will evaluate the timing and need for appointing an additional director as part of its ongoing corporate governance and succession-planning process.

 

About Jones Soda Co.

 

Jones Soda Co.® (CSE: JSDA, OTCQB: JSDA) is a leading craft soda manufacturer. The Company markets and distributes premium craft sodas under the Jones® Soda brand. Jones’ mainstream soda line is sold across North America in glass bottles, cans and on fountain through traditional beverage outlets, restaurants and alternative accounts. The Company is headquartered in Seattle, Washington. For more information, visit www.jonessoda.com or www.myjones.com.

 

For further information: Media Contact: Eric Schnabel, (206) 436-8736, erics@jonessoda.com; Company Contact: Brian Meadows, Chief Financial Officer, 1-206-624-3357; Investor Relations Contact: Clay Liolios, Gateway Group, Inc., 1-949-574-3860, JSDA@gateway-grp.com.

 

Forward-Looking Statements:

 

This news release may contain forward-looking information within the meaning of applicable securities legislation in both Canada and the United States, which reflect management’s current expectations regarding future events. Such information includes, without limitation, information regarding the size of the Offering and the intended use of proceeds from the Offering. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.

 

Forward-looking information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “postulate” and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance and that such forward-looking information is based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this news release including, without limitation, that the Company will be able to utilize the net proceeds of the Offering in the manner intended; that general business and economic conditions will not change in a material adverse manner; and assumptions regarding political and regulatory stability and stability in financial and capital markets.

 

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others: the risk that the Company may not be able to use the proceeds of the Offering as intended; the state of the financial markets for the Company’s securities; the Company’s ability to raise the necessary capital or to be fully able to implement its business strategies; the lack of demand for the Company’s products and services; the ability to attract, retain, and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to manage working capital; and the dependence on key personnel; competition; litigation; failure of counterparties to perform their contractual obligation; and other risks and factors that the Company is unaware of at this time.

 

The forward-looking statements contained in this news release are made as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Additionally, Jones Soda undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

 

The CSE does not accept responsibility for the adequacy or accuracy of the content of this press release.

 

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Filing Exhibits & Attachments

4 documents