SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934*

 

 

Jamba, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

47023A309

(CUSIP Number)

October 10, 2013

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP NO. 47023A309

 

  1.   

Names of Reporting Persons

 

Coliseum Capital Management, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

1,046,388

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

1,046,388

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,046,388

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

6.1%

12.  

Type of Reporting Person (See Instructions)

 

OO, IA

 

 

Page 2 of 13


CUSIP NO. 47023A309

 

  1.   

Names of Reporting Persons

 

Coliseum Capital, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

767,155

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

767,155

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

767,155

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

4.5%

12.  

Type of Reporting Person (See Instructions)

 

OO

 

 

Page 3 of 13


CUSIP NO. 47023A309

 

  1.   

Names of Reporting Persons

 

Coliseum Capital Partners, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

594,511

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

594,511

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

594,511

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

3.5%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

Page 4 of 13


CUSIP NO. 47023A309

 

  1.   

Names of Reporting Persons

 

Coliseum Capital Partners II, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

172,644

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

172,644

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

172,644

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

1.0%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

Page 5 of 13


CUSIP NO. 47023A309

 

  1.   

Names of Reporting Persons

 

Blackwell Partners, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Georgia

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

279,233

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

279,233

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

279,233

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

1.6%

12.  

Type of Reporting Person (See Instructions)

 

OO

 

 

Page 6 of 13


CUSIP NO. 47023A309

 

  1.   

Names of Reporting Persons

 

Adam Gray

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

1,046,388

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

1,046,388

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,046,388

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

6.1%

12.  

Type of Reporting Person (See Instructions)

 

IN

 

 

Page 7 of 13


CUSIP NO. 47023A309

 

  1.   

Names of Reporting Persons

 

Christopher Shackelton

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

1,046,388

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

1,046,388

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,046,388

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

6.1%

12.  

Type of Reporting Person (See Instructions)

 

IN

 

 

Page 8 of 13


CUSIP NO. 47023A309

 

Item 1.

 

  (a) Name of Issuer

Jamba, Inc.

 

  (b) Address of Issuer’s Principal Executive Offices

6475 Christie Avenue, Suite 150

Emeryville, California 94608

Item 2.

 

  (a) Name of Person Filing

This Schedule 13G is being filed on behalf of Coliseum Capital Management, LLC (“CCM”), Coliseum Capital, LLC (“CC”), Coliseum Capital Partners, L.P. (“CCP”), Coliseum Capital Partners II, L.P. (“CCP2”), Blackwell Partners, LLC (“Blackwell”), Adam Gray (“Gray”) and Christopher Shackelton (“Shackelton” and together with CCM, CC, CCP, CCP2, Blackwell and Gray, the “Reporting Persons”).

 

  (b) Address of Principal Business office or, if None, Residence

The address of the principal business and office of the Reporting Persons (other than Blackwell) is Metro Center, 1 Station Place, 7th Floor South, Stamford CT 06902. The address of the principal business and office of Blackwell is c/o DUMAC, LLC, 280 South Magnum Street, Suite 210, Durham, NC 27701.

 

  (c) Citizenship

 

  (i) CCM is a Delaware limited liability company
  (ii) CC is a Delaware limited liability company
  (iii) CCP is a Delaware limited partnership
  (iv) CCP2 is a Delaware limited partnership
  (v) Blackwell is a Georgia limited liability company
  (vi) Gray is a United States citizen
  (vii) Shackelton is a United States citizen

 

  (d) Title of Class of Securities

Common Stock, no Par Value (the “Common Stock”)

 

  (e) CUSIP No.

47023A309

 

Page 9 of 13


CUSIP NO. 47023A309

 

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

 

   (a)   ¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c).
   (b)   ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
   (c)   ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
   (d)   ¨    Investment company registered under section 8 of the Investment Company Act (15 U.S.C. 80a-8).
   (e)   ¨    An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).
   (f)   ¨    An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(ii)(F).
   (g)   ¨    A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).
   (h)   ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
   (i)   ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
   (j)   ¨    A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J).
   (k)   ¨    Group in accordance with § 240.13d-1(b)(ii)(J).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

Item 4. Ownership

The information relating to the beneficial ownership of Common Stock by each of the Reporting Persons set forth in Rows 5 through 9 and Row 11 of the cover pages hereto is incorporated herein by reference.

The ownership percentage of each Reporting Person set forth in Row 11 of the cover pages hereto has been calculated based on an assumed total of 17,053,958 shares of Common Stock outstanding as of August 1, 2013, as reported in the Issuer’s Quarterly Report for the quarterly period ended July 2, 2013 on Form 10-Q, as filed with the Securities and Exchange Commission on August 6, 2013.

 

Page 10 of 13


CUSIP NO. 47023A309

 

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class securities, check the following  ¨

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

 

Item 8. Identification and Classification of Members of the Group.

The Reporting Persons may be deemed to be members of a group with respect to the Common Stock owned of record by CCP, CCP2 and Blackwell. CCP is the record owner of 594,511 shares of Common Stock, CCP2 is the record owner of 172,644, and Blackwell is the record owner of 279,233 shares of Common Stock.

 

Item 9. Notice of Dissolution of Group.

Not applicable

 

Item 10. Certifications

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Page 11 of 13


CUSIP NO. 47023A309

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: October 21, 2013

 

COLISEUM CAPITAL MANAGEMENT, LLC     COLISEUM CAPITAL, LLC
      By  

/s/ Adam Gray

        Adam Gray, Manager
By:  

/s/ Christopher Shackelton

     
  Christopher Shackelton, Manager      
COLISEUM CAPITAL PARTNERS, L.P.     COLISEUM CAPITAL PARTNERS II, L.P.
By:   Coliseum Capital, LLC, General Partner     By:   Coliseum Capital, LLC, General Partner
By:  

/s/ Adam Gray

    By:  

/s/ Adam Gray

  Adam Gray, Manager       Adam Gray, Manager
BLACKWELL PARTNERS, LLC     ADAM GRAY
By:  

Coliseum Capital Management, LLC,

Attorney-in-fact

   

/s/ Adam Gray

      Adam Gray
By:  

/s/ Adam Gray

   
  Adam Gray, Manager      
CHRISTOPHER SHACKELTON      

/s/ Christopher Shackelton

     
Christopher Shackelton      

 

Page 12 of 13


EXHIBIT A

Joint Filing Agreement Pursuant to Rule 13d-1

This agreement is made pursuant to Rule 13d-l(k)(1) under the Securities and Exchange Act of 1934, as amended (the “Act”) by and among the parties listed below, each referenced to herein as a “Joint Filer.” The Joint Filers agree that a statement of beneficial ownership as required by Sections 13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1.

Dated: October 21, 2013

 

COLISEUM CAPITAL MANAGEMENT, LLC     COLISEUM CAPITAL, LLC
      By  

/s/ Adam Gray

        Adam Gray, Manager
By:  

/s/ Christopher Shackelton

     
  Christopher Shackelton, Manager      
COLISEUM CAPITAL PARTNERS, L.P.     COLISEUM CAPITAL PARTNERS II, L.P.
By:   Coliseum Capital, LLC, General Partner     By:   Coliseum Capital, LLC, General Partner
By:  

/s/ Adam Gray

    By:  

/s/ Adam Gray

  Adam Gray, Manager       Adam Gray, Manager
BLACKWELL PARTNERS, LLC     ADAM GRAY
By:  

Coliseum Capital Management, LLC,

Attorney-in-fact

   

/s/ Adam Gray

      Adam Gray
By:  

/s/ Adam Gray

   
  Adam Gray, Manager      
CHRISTOPHER SHACKELTON      

/s/ Christopher Shackelton

     
Christopher Shackelton