RGS Energy (RGSE) Prices Unit Offering for Proceeds of ~$2.2M
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RGS Energy Announces Pricing of Unit Offering
September 9, 2016 9:15 AM EDTLOUISVILLE, Colo., Sept. 09, 2016 (GLOBE NEWSWIRE) -- RGS Energy (Nasdaq: RGSE) announced today that it has priced a public offering of 2,800 units of securities (Units) where each Unit is comprised of one share of Series A 12.5% Mandatorily Convertible Preferred Stock, stated value $1,000.00 per share, which is convertible into shares of Real Goods Solar, Inc. Class A common stock, par value $0.0001 per share (the Common Stock), at an initial conversion price of $5.50, and one Series H Warrant exercisable into 181.8181 shares of Common Stock at an initial exercise price of $5.50 in an underwritten public offering with each Unit... More
