13D Filing: Indus Capital and Jamba Inc. (JMBA)

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CUSIP No. 47023A309
Item 1. Security and Issuer.
This statement relates to the common stock, (“Common Stock”), of Jamba Inc., a Delaware corporation (the “Issuer”).  The address of the Issuer’s principal executive office is 3001 Dallas Pkwy, Suite 700, Frisco, Texas 75034.  
Item 2.

Identity and Background.

 

(a) This schedule 13D is being filed jointly by (1) Indus Capital Partners, LLC, a Delaware limited liability company; (2) Indus Partners, LLC, a Delaware limited liability company; (3) Indus Markor Master Fund, L.P., a Cayman Islands exempted limited partnership, (4) Sheldon Kasowitz, a United States citizen and managing member of Indus Partners, LLC and (5) Byron Gill, a United States citizen and managing member of Indus Partners, LLC (collectively, the “Reporting Persons”).
          
(b) The principal business address of the Reporting Persons is 888 7th Avenue, 26th Floor, New York, NY 10019.
             
(c) The primary business of Indus Capital Partners, LLC is providing investment advisory services.  The primary business of Indus Partners, LLC is acting as general partner for private investment funds.  The primary business of Indus Markor Master Fund, L.P. is a private investment fund.  The principal occupation of Sheldon Kasowitz and Byron Gill is serving as managing partners of Indus Capital Partners, LLC and Indus Partners, LLC.
        
(d) During the last five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, none of the Reporting Persons have been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, were or are subject to a judgment, decree of final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
            
(f) Mr. Kasowitz and Mr. Gill are citizens of the United States of America.
Item 3.

Source and Amount of Funds or Other Consideration.

 

The funds for the purchase of the shares beneficially owned by the
Reporting Persons came from working capital of Indus Markor Master Fund, L.P. The net investment costs (including commissions,
if any) of the shares beneficially owned by the Reporting Persons is approximately $20,559,738. No borrowed funds were used to
purchase the shares, other than any borrowed funds used for working capital purposes (including certain leverage arrangements)
in the ordinary course of business.

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