Jones Soda (JSDA) Form 4 Change in insider ownership

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SOL Global Investments Corp.

(Last) (First) (Middle)

100 KING STREET WEST, SUITE 5600

(Street)

TORONTO A6 M5X 4B2

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JONES SODA CO [ JSDA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	02/02/2024		S		200,000	D	$0.136	14,315,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/15/2024		S		40,000	D	$0.229	14,275,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/15/2024		S		20,000	D	$0.225	14,255,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/15/2024		S		20,000	D	$0.25	14,235,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/15/2026		S		20,000	D	$0.245	14,215,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/15/2024		S		20,000	D	$0.26	14,195,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/16/2024		S		50,000	D	$0.258	14,145,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/16/2024		S		20,000	D	$0.26	14,125,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/16/2024		S		20,000	D	$0.261	14,105,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/20/2024		S		20,000	D	$0.281	14,085,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/20/2024		S		20,000	D	$0.27	14,065,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/22/2024		S		20,000	D	$0.275	14,045,035	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/22/2024		S		18,200	D	$0.285	14,026,835	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares	02/22/2024		S		25,000	D	$0.26(2)	14,001,835	I	Held by SOL Verano Blocker 1 LLC(1)
Common Shares								281,345	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. SOL Verano Blocker 1 LLC is a wholly-owned subsidiary of the reporting person.

2. Converted from Canadian sale price of $0.33 using an exchange rate of C$1.2677 = US$1.00.

	/s/ Paul Kania	03/25/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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