A Premier Boutique
Investment Bank
Specializing in PIPEs, Reverse Mergers,
M&A, Private Equity & LP Equity for CRE
  • HMNY MoviePass
  • Phase Rx
  • PallAdium Capital Advisor
  • PallAdium Capital Advisor

Palladium Capital Advisors Complete Private Placement for Be Active Holdings, Inc. (OTC PINK: JALA)

Dec. 31, 2015:


NEW YORK, NY – December 31, 2015 – Palladium Capital Advisors, LLC, announced it acted as sole placement agent in a $500,000 financing of secured convertible promissory notes Be Active Holdings, Inc (the “Company”).

The maturity date of the notes is December 30, 2016. The holders have the right to convert the outstanding principal and accrued annual interest of 10% at $0.30 per share. The Company agreed not to take certain actions, including the incurrence of debt and amending its articles, without the prior consent of the holders of 51% of the outstanding Notes.

Be Active Holdings, Inc. manufactures and sells frozen yogurt and ice cream products in the New York metropolitan area. The company sells its products primarily to supermarkets, and convenience and other foods stores under the Jala brand. Be Active Holdings, Inc. was founded in 2009 and is based in Great Neck, New York.