date:Jun 24, 2014
RiceBran Technologies (RIBT) announced the pricing of an underwritten public offering of 1,417,500 shares of the company's common stock priced at $5.29 per share and warrants to purchase 708,750 shares of the company's common stock at $0.01 per warrant.
The warrants will be exercisable immediately upon issuance at $5.87 per share, which represents the closing price on June 19, 2014.
The gross proceeds to RiceBran Technologies from this offering are expected to be approximately $7.5 million, ex