RGS Energy Prices Equity Offering
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RGS Energy (RGSE) Closes 2.92M Equity Offering at $2.40/Share
July 9, 2014 5:14 PM EDTRGS Energy (Nasdaq: RGSE) has completed its previously announced private equity offering for gross proceeds of approximately $7.0 million.
After paying placement agent fees and offering expenses, the company plans to use the net proceeds of approximately $6.4 million to support the launch of its... More
RGS Energy (RGSE) Prices $7M Equity Raise
July 3, 2014 7:47 AM EDTRGS Energy (Nasdaq: RGSE) has entered into a definitive agreement to raise approximately $7.0 million in a private placement financing transaction. Under the terms of the agreement, RGS Energy will issue units consisting of an aggregate of 2,919,351 shares of its Class A common stock and warrants to purchase up to 1,313,708 additional shares of Class A common stock, at a price of $2.40 per unit.
Each unit consists of one share of Class A common stock and a warrant to purchase 0.45... More
