RiceBran Technologies Announces Closing of $1.5 Million Registered Direct Offering
Vinson & Elkins advised RiceBran Technologies (“the Company”), a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, in connection with its registered direct offering to institutional investors for the purchase and sale of 1,000,000 shares of the Company’s common stock (or common stock equivalents) at a purchase price of $1.50 per share of common stock (or common stock equivalent) in a registered direct offering.
The V&E team was led by partner Scott Rubinsky, with assistance from senior associate Stancell Haigwood and associates Nina Bhatia, Emily Kercheville and Warner Scott.
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