Jones Soda Co. Files 8-K: Board & Executive Changes
Ticker: JSDA · Form: 8-K · Filed: Oct 31, 2024 · CIK: 1083522
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: JSDA
TL;DR
JSDA board shakeup and exec comp changes filed. Watch for details.
AI Summary
On October 25, 2024, Jones Soda Co. (JSDA) filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key personnel. Specific details regarding the financial impact of these changes were not immediately available in this initial filing.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, potentially impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty and signal potential strategic shifts, which may carry moderate risk.
Key Players & Entities
- JONES SODA CO. (company) — Registrant
- October 25, 2024 (date) — Date of earliest event reported
- Washington (location) — State of Incorporation
- 4786 1st Avenue South, Suite 103 (address) — Address of Principal Executive Offices
- Seattle (location) — City of Principal Executive Offices
- 98134 (zip_code) — Zip Code of Principal Executive Offices
- 206-624-3357 (phone_number) — Business Phone Number
FAQ
What specific roles have been affected by the departure of officers and directors?
The filing indicates the departure of certain officers and directors, but does not specify the exact roles in this section.
Who are the newly elected directors?
The filing mentions the election of new directors but does not list their names in this initial summary.
What are the details of the compensatory arrangements for certain officers?
The filing notes updates to compensatory arrangements for certain officers, but the specific details are not provided in this summary.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is October 25, 2024.
In which state is Jones Soda Co. incorporated?
Jones Soda Co. is incorporated in Washington.
Filing Stats: 899 words · 4 min read · ~3 pages · Grade level 11 · Accepted 2024-10-31 16:50:23
Filing Documents
- jsda20241031_8k.htm (8-K) — 24KB
- ex_740973.htm (EX-99.1) — 12KB
- jsda01.jpg (GRAPHIC) — 9KB
- 0001437749-24-032830.txt ( ) — 171KB
- jsda-20241025.xsd (EX-101.SCH) — 3KB
- jsda-20241025_def.xml (EX-101.DEF) — 10KB
- jsda-20241025_lab.xml (EX-101.LAB) — 14KB
- jsda-20241025_pre.xml (EX-101.PRE) — 10KB
- jsda20241031_8k_htm.xml (XML) — 2KB
01 Other Events
Item 8.01 Other Events. On October 28, 2024, the Company issued a press release announcing the departure of David Knight as President and Chief Executive Officer of the Company and the appointment of Paul Norman as Interim President and Chief Executive Officer of the Company. A copy of the press release is attached hereto as Exhibit 99.1 and the information contained therein is incorporated by reference into this Current Report on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release dated October 28, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Management contract or compensatory plan or arrangement. - 2 -
SIGNATURES
SIGNATURES 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. Date: October 31, 2024 JONES SODA CO. /s/ Paul Norman Paul Norman Interim President and Chief Executive Officer - 3 -