Weed Drinks Maker Jones Soda Closes Second Tranche Of Private Placement Offering, One More To Go Ahead Of Q2 Earnings Report
Jones Soda Co. (CSE:JSDA) (OTCQB:JSDA) has closed the second tranche of its previously announced private placement offering of its units for aggregate gross proceeds of $640,000.
What Happened
The offering is composed of one common share in the company’s capital and one‐half of one detachable share purchase warrant.
The Seattle-based company closed the first tranche of a previously announced private placement offering of its units for aggregate gross proceeds of $3,013,960 on Monday.
The weed-infused drinks innovator first announced a private placement of up to 7.5 million units for 40 cents per unit, for total gross proceeds of $3 million earlier in July, only to increase the size of …