Company: JSDA
Filing Date: 2025-06-30
Form Type: 8-K
Source: 0001641172-25-017039
Chunk: 2

Company: JONES SODA CO.
Filing Date: 2025-06-30
Form: 8-K
Item: Item 2.01
Chunk 2
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. The actual financial position and results of operations may differ significantly from the pro forma amounts
reflected herein due to a variety of factors. The unaudited pro forma condensed combined financial have been prepared by the Company
based upon assumptions deemed appropriate by the Company’s management.

On
June 23, 2025, the Company issued a press release announcing the closing of the sale of all of the equity interests in the MJ Subsidiaries
pursuant to the terms of the SPA, and on June 26, 2025, the Company issued a second press release to discuss items related to this
transaction. Copies of these press releases are attached hereto as Exhibits 99.2 and 99.3 and are
each incorporated by reference herein.

Information
Regarding Forward-Looking Statements

This
Current Report on Form 8-K, including the documents filed herewith and any related oral statements, contains “forward-looking
statements” within the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995, as amended.
You can identify these statements by forward-looking words such as “may,” “will,” “should,” “expect,”
“anticipate,” “believe,” “intend,” “estimate,” “plan” and “continue”
or similar words. The Company has based these statements on its current expectations about potential future events. Although the Company
believes the expectations expressed in the forward-looking statements included in this Current Report on Form 8-K and those
reports, statements and information incorporated by reference into this Current Report on Form 8-K are based upon reasonable
assumptions within the bounds of the Company’s knowledge of its business and the sale transaction, a number of factors could cause
actual results to differ materially from those expressed in any forward-looking statements, whether oral or written, made by the Company
or on its behalf. Assumptions as to any of the foregoing, and all related statements, are not based upon historical fact, but rather
reflect the Company’s current expectations concerning future results and events. Forward-looking statements that the Company makes
or that are made by others on the Company’s behalf are based upon a knowledge of the Company’s business and the environment
in which it operates and actual results may differ from those in the forward-looking statements. Consequently, these cautionary statements
qualify all of the forward-looking statements the Company makes herein. The Company cannot assure you that the results or developments
anticipated by the Company will be