Jones Soda plans US$765,000 private placement at US$0.33 per unit
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Jones Soda announced a non-brokered private placement of up to 2,318,182 units at US$0.33 each, targeting gross proceeds of up to US$765,000. Each unit comprises one common share and a half-warrant exercisable at US$0.45 for 36 months, with acceleration clauses if the stock closes above US$0.47 for five consecutive days. Proceeds are designated for general working capital, bringing total raised funds to US$2.5 million when combined with a recent investor offer.
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