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Jones Soda Issues Promissory Note to Chairman

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Jones Soda Issues Promissory Note to Chairman

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Jones Soda ( (JSDA) ) has shared an update.

On May 7, 2025, Jones Soda Co. issued an unsecured promissory note to Paul Norman, the Chairman of the Company’s board, amounting to $450,000. The note, which matures on October 10, 2025, carries an interest rate of 12% per annum, with a loan origination fee of $22,000 also payable on the maturity date.

Spark’s Take on JSDA Stock

According to Spark, TipRanks’ AI Analyst, JSDA is a Neutral.

Jones Soda’s stock faces significant challenges due to weak financial performance and high valuation concerns. Despite some positive technical indicators and strategic changes announced in the earnings call, the company’s profitability and cash flow issues remain critical risks.

To see Spark’s full report on JSDA stock, click here.

More about Jones Soda

Average Trading Volume: 116,817

Technical Sentiment Signal: Sell

Current Market Cap: $26.65M

For detailed information about JSDA stock, go to TipRanks’ Stock Analysis page.

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