Jamba Juice 2007 Annual Report Download - page 57

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Table of Contents


 






   
Balance as of January 6, 2005 (inception) $ $ $ $
Common shares issued 3,750,000 4 25 29
Sale of 15,000,000 shares, net of underwriters’ discount and offering expenses
(including 2,998,500 shares subject to possible redemption) 15,000,000 15 110,903 110,918
Sale of 2,250,000 shares through the over-allotment option offering, net of
underwriters’ discount (including 449,775 shares subject to possible
redemption) 2,250,000 2 16,918 16,920
Proceeds subject to possible redemption (3,448,275 shares) (25,241) (25,241)
Reclassification to derivative liabilities (warrants) for part of proceeds from the
sale of shares (16,112) (16,112)
Net income 3,296 3,296
Balance as of December 31, 2005 21,000,000 21 86,493 3,296 89,810
Net income 297 297
Balance as of January 10, 2006 21,000,000 21 86,493 3,593 90,107
Issuance of shares in private placement 30,879,999 31 231,569 231,600
Private placement fees (6,750) (6,750)
Reclass of common stock subject to redemption 25,241 25,241
Exercise of warrants 1,617 7 7
Stock-based compensation expense 427 427
Assumption of Jamba Juice Company options and warrants at fair value 4,269 4,269
Net loss (59,026) (59,026)
Balance as of January 9, 2007 51,881,616 $52 $341,256 $(55,433) $285,875
See Notes to Consolidated Financial Statements.
57