Apex Trader Funding (ATF) - News
Weed Drinks Maker Jones Soda Closes First Tranche Of Private Placement Offering, Here's Where The Money Would Go
Jones Soda Co. (CSE:JSDA) (OTCQB:JSDA) announced on Monday that it has closed the first tranche of a previously announced private placement offering of its units for aggregate gross proceeds of $3,013,960.
What Happened
The offering is composed of one common share in the capital of the company and one‐half of one detachable share purchase warrant.
The weed-infused drinks innovator first announced a private placement of up to 7.5 million units for 40 cents per unit, for a total gross proceeds of $3 million earlier in July, only to increase the size of its private placement ...