Be Active Holdings, Inc. (OTCPK:JALA) announced that it has entered into a entered into a securities purchase agreement for a private placement of secured convertible notes due December 31, 2015 for gross proceeds of $500,000 on December 31, 2014. The note would mature on December 31, 2015. The note is convertible into common shares of the company at a conversion price of $0.006 per share and carry interest rate of 10% per annum. The company issued the securities pursuant to exemption provided under Regulation D. Timothy P. Selby of Alston & Bird LLP and Grushko & Mittman acted as legal advisors and Palladium Capital Advisors, LLC acted as placement agent to the company. The company paid a placement fee equal to $40,000 to Palladium Capital Advisors, LLC.

On December 31, 2014, Be Active Holdings, Inc. closed the transaction.