Jones Soda (JSDA) has released an update.
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Jones Soda Co. has launched a private offering aimed at raising $3 million by selling 7.5 million units at $0.40 each, with each unit comprising a common share and a half warrant. The warrants are exercisable at $0.50 per share for two years, with the potential for an accelerated expiry. The proceeds will enhance growth and support general corporate functions.
For further insights into JSDA stock, check out TipRanks’ Stock Analysis page.