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Zevia Agrees to Raise $20 Million Through Series A Senior Convertible Preferred Stock

Zevia Agrees to Raise $20 Million Through Series A Senior Convertible Preferred Stock

Photo: TokenPost

Zevia PBC (NYSE: ZVIA) agreed to a $20 million investment from a fund managed by GP Investments, with the company issuing Series A Senior Convertible Preferred Stock as part of the deal. The preferred shares can be converted into Zevia’s Class A common shares. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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