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EX-99.1 - PRESS RELEASE - JONES SODA COexh_991.htm
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________

Form 8-K
_____________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event Reported): August 1, 2020  

Jones Soda Co.
(Exact Name of Registrant as Specified in Charter)

Washington0-2882052-2336602
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification Number)

 

66 South Hanford Street, Suite 150, Seattle, Washington 98134
(Address of Principal Executive Offices) (Zip Code)

(206) 624-3357
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 [   ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 [   ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 [   ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 [   ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company [   ]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [   ]

 

Securities registered pursuant to Section 12(b) of the Act:
None


Securities registered pursuant to Section 12(g) of the Act:
Common Stock, no par value

 

 
 

Item 2.02. Results of Operations and Financial Condition.

        On August 6, 2020, Jones Soda Co. (the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2020. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

        The Company will discuss its results for the quarter ended June 30, 2020 on its scheduled conference call today, August 6, 2020, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). This call will be webcast and can be accessed by visiting http://public.viavid.com/player/index.php?id=140990 or our website at www.jonessoda.com. Investors may also listen to the call via telephone by dialing (866) 269-4266 (confirmation code: 6338661). In addition, a telephone replay will be available by dialing (844) 512-2921 (confirmation code: 6338661) through August 13, 2020, at 7:30 p.m. Eastern Time.

        The information in this Current Report in Item 2.02 and Exhibit 99.1 is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

        Effective August 1, 2020, the Company’s Board of Directors approved an amendment of the previously disclosed consulting agreement between the Company and Jamie Colbourne, as amended, to extend the term of such agreement through December 31, 2020, and to reduce the monthly payments from $25,000 per month to $10,000 per month effective September 1, 2020. All other terms of the consulting agreement remain unchanged.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. 

Exhibit No. Description
99.1 Press Release dated August 6, 2020.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 Jones Soda Co.
   
  
Date: August 6, 2020By: /s/ Jamie Colbourne        
  Jamie Colbourne
  Interim Chief Executive Officer and Acting Principal Financial Officer