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

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/39103
Published: 2026-10-23T15:43:13.000Z
Updated: 2026-10-23T15:43:13.000Z
Section: Business

> A fund managed by GP Investments will receive shares convertible into Zevia’s Class A common stock.

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.