JONES SODA CO. (JSDA) CFO invests in 303,030 Units in private placement
Rhea-AI Filing Summary
JONES SODA CO. Chief Financial Officer Brian Meadows purchased 303,030 Investor Units in a private placement from the company at $0.33 per Unit. Each Unit consists of one common share and one-half of a share purchase warrant, giving him 303,030 common shares and 151,515 warrants.
Each whole warrant entitles the holder to buy one common share at an exercise price of $0.45 per share and may be exercised for 36 months following the August 6, 2026 completion of the private placement, with a stated expiration on August 6, 2029, subject to possible accelerated expiration by the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 303,030 shares
Net Buy
2 txns
Insider
Meadows Brian
Role
Chief Financial Officer
Bought
454,545 shs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock Warrant (right to buy) F1, F2 | 151,515 | -- | -- |
| Purchase | Common Stock F1 | 303,030 | -- | -- |
Holdings After Transaction:
Common Stock Warrant (right to buy) — 151,515 shares (Direct);
Common Stock — 303,030 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The Warrants may be exercised for 36 months following the completion of the Private Placement, which occurred on August 6, 2026. However, the issuer may accelerate the expiration of the Warrants, subject to specified conditions.
Key Figures
Investor Units purchased: 303,030 Units
Common shares acquired: 303,030 shares
Warrants acquired: 151,515 warrants
+4 more
7 metrics
Investor Units purchased
303,030 Units
Purchased by CFO Brian Meadows at $0.33 per Unit in a private placement
Common shares acquired
303,030 shares
Shares of common stock included in the 303,030 Investor Units purchased
Warrants acquired
151,515 warrants
Share purchase warrants included in the Investor Units, each for one common share
Unit purchase price
$0.33 per Unit
Price paid for each Investor Unit in the private placement
Warrant exercise price
$0.45 per share
Exercise price per Warrant Share under the share purchase warrants
Warrant exercise period
36 months
Period following August 6, 2026 during which the warrants may be exercised
Warrant expiration date
August 6, 2029
Stated expiration date of the share purchase warrants, subject to acceleration
Key Terms
Private Placement, Investor Units, Share purchase warrant, Warrant Share
4 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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did JSDA CFO Brian Meadows acquire in the August 6, 2026 transaction?
CFO Brian Meadows acquired 303,030 Investor Units from JONES SODA CO. in a private placement at $0.33 per Unit. Each Unit includes one common share and one-half warrant, resulting in 303,030 shares and 151,515 warrants being reported.
What warrants did the JSDA CFO receive in this insider purchase?
From the 303,030 Investor Units, Brian Meadows received 151,515 share purchase warrants. Each Unit includes one-half warrant, and every whole warrant entitles the holder to purchase one additional JONES SODA CO. common share, called a Warrant Share.
What is the exercise price and term of the JSDA warrants bought by the CFO?
The warrants have an exercise price of $0.45 per share and may be exercised for 36 months after the August 6, 2026 private placement, with a stated expiration on August 6, 2029, subject to possible accelerated expiration by the company.
Was the JSDA insider buying done through a private placement with the issuer?
Yes. The filing states the securities are included in 303,030 Investor Units purchased from the issuer at $0.33 per Unit in a private placement transaction, rather than open-market purchases, combining common shares with share purchase warrants.