Jones Soda (JSDA) CEO invests in 303,030 units with attached warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones Soda Co. President and CEO Scott F. Harvey reported buying 303,030 Investor Units in a private placement at $0.33 per Unit. Each Unit includes one common share and one-half warrant, giving him 303,030 shares and 151,515 warrants.
Each whole warrant allows purchase of one share at an exercise price of $0.45 per share. The warrants are exercisable for 36 months following completion of the private placement on July 7, 2026, and the company may accelerate their expiration under specified conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Net Buy
2 txns
Insider
Harvey Scott F.
Role
President and CEO
Bought
454,545 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock Warrant (right to buy) | 151,515 | $0.00 | -- |
| Purchase | Common Stock | 303,030 | $0.00 | -- |
Holdings After Transaction:
Common Stock Warrant (right to buy) — 151,515 shares (Direct, null);
Common Stock — 303,030 shares (Direct, null)
Footnotes (1)
- The reported securities are included within 303,030 Investor Units (the "Units") purchased by the reporting person from the issuer for a price of $0.33 per Unit in a private placement transaction (the "Private Placement"). Each Unit is comprised of one (1) share of the issuer's common stock (a "Share") plus one half (1/2) of a Share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one (1) Share (a "Warrant Share") at an exercise price of $0.45 per Warrant Share. The Warrants may be exercised for 36 months following the completion of the Private Placement, which occurred on July 7, 2026. However, the issuer may accelerate the expiration of the Warrants, subject to specified conditions.
Key Figures
Common shares acquired: 303,030 shares
Warrants acquired: 151,515 warrants
Unit purchase price: $0.33 per Unit
+4 more
7 metrics
Common shares acquired
303,030 shares
Investor Units purchased in private placement
Warrants acquired
151,515 warrants
Each Unit includes one-half warrant
Unit purchase price
$0.33 per Unit
Private placement pricing
Warrant exercise price
$0.45 per share
Exercise price per Warrant Share
Warrant exercise window
36 months
Following completion of private placement on July 7, 2026
Shares held after transaction
303,030 shares
Total common stock directly owned post-transaction
Warrants held after transaction
151,515 warrants
Total common stock warrants directly owned post-transaction
Key Terms
Private Placement, Investor Units, Warrants, Common Stock Warrant (right to buy), +1 more
5 terms
Private Placement financial
"purchased by the reporting person from the issuer for a price of $0.33 per Unit in a private placement transaction"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
Investor Units financial
"The reported securities are included within 303,030 Investor Units (the "Units") purchased by the reporting person"
Warrants financial
"Each Unit is comprised of one (1) share of the issuer's common stock plus one half (1/2) of a Share purchase warrant (a "Warrant")"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
Common Stock Warrant (right to buy) financial
"Common Stock Warrant (right to buy) transaction reported as a derivative security"
FAQ
What did Jones Soda (JSDA) CEO Scott Harvey buy in this Form 4?
Jones Soda CEO Scott F. Harvey bought 303,030 Investor Units in a private placement. Each Unit contains one common share and half a warrant, giving him 303,030 shares and 151,515 warrants linked to the company’s common stock.
What price did the Jones Soda (JSDA) CEO pay per Unit in the private placement?
Scott F. Harvey paid $0.33 per Investor Unit in the private placement. This price covered one common share plus one-half warrant, effectively bundling immediate equity ownership with additional potential future share purchases.
How many Jones Soda (JSDA) warrants did the CEO receive and what is the exercise price?
The CEO received 151,515 warrants tied to Jones Soda common stock. Each whole warrant allows him to buy one share at an exercise price of $0.45 per share, as disclosed in the Form 4 footnotes.
How long can the Jones Soda (JSDA) CEO exercise these warrants?
The warrants may be exercised for 36 months following completion of the private placement on July 7, 2026. The issuer also retains the right to accelerate the expiration date if certain specified conditions are met.
Is this Jones Soda (JSDA) CEO transaction an open-market purchase?
Although coded as a purchase, the Form 4 explains the securities were bought in a private placement. Harvey acquired 303,030 Units directly from Jones Soda, rather than through ordinary open-market trading on an exchange.