Jones Soda Co., the cult-favorite craft soda brand, has filed for a new public offering. Already trading as $JSDA.CN on the OTCQB, this move signals a push to raise fresh capital amid a turnaround effort.
Recent top-line trends are mixed. Preliminary Q4 2025 sales hit $11.0–11.3M, but Q1 2025 revenue came in at just $4.6M—a year-over-year decline that highlights ongoing demand challenges.
The filing comes with a curveball: a term sheet to acquire Pinestar Gold Inc. for $1.8M. It’s an odd diversification play alongside a creative pilot, a custom 12-pack program for Costco $COST Bay Area locations.
Micro-cap consumer appetite is weak right now. Elevated rates and market volatility make this a tough tape for speculative offerings, even with a nostalgic brand like Jones.
Bottom line: a struggling legacy brand is raising cash while revenue dips and a gold acquisition raises eyebrows. It’s a high-risk turnaround story, not a growth slam dunk.
https://t.co/Fe8iWbj3OX
@Luketrader247@Jasmy@binance The white paper was broken with there spinoff. So no it will not be removed until further investigation with compliance from jasmy ceo untill then the scam continues.
$jasmy cool finally a slight tiny morsal of a rise against $BTC we need much more than this my frens... we do NOT get happy until we see at MIN a 100% pump with volume... then we know the wind is in our sails. Patience