Jamba gets $25M in financing from Chicago investor

EMERYVILLE Calif. Jamba Inc., parent to the Jamba Juice brand, said Friday that it had closed on a $25 million financing agreement with Victory Park Capital Advisors LLC, an asset management firm in Chicago.

The agreement includes two-year, senior secured term notes and the issuance of 2 million shares of Jamba common stock to the investor. The stock comes with future options for either the repurchase or the sale of the issued stock at a future time for $1.50

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