Zevia PBC has entered into an Equity Distribution Agreement with Piper Sandler & Co. as the sales agent, allowing the sale of its Class A common stock worth up to $20,000,000. The transactions will be conducted "at the market" as per the Securities Act rules. The specific number of shares and the price per share are not detailed in the document. The proceeds will be used for purchasing Class A units of Zevia LLC and for general corporate purposes.
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