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|View MBII Detailed Price Forecast - CNN Money||View MBII Detailed Summary - Google Finance|
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Marrone Bio Innovations Announces Closing of $12 Million Public Offering of Common Stock
Posted on Friday April 20, 2018
Marrone Bio Innovations, Inc. (MBII) (MBI or the “Company”), a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment markets, announced today the closing of its previously announced underwritten public offering of registered shares of its common stock for gross proceeds of approximately $12.0 million. A total of 7,275,000 shares were sold in the offering at a price to the public of $1.65 per share. The net proceeds are expected to be approximately $11.0 million, after deducting estimated underwriting discounts, commissions, and estimated offering expenses payable by the Company. In connection with the offering, the Company has also granted the underwriter a 45-day option to purchase up to an additional 1,091,250 shares of common stock to cover over-allotments, if any, which if exercised in full would increase the gross proceeds of the offering to $13.8 million, and anticipated net proceeds to $12.7 million. The Company intends to use the net proceeds from the offering primarily for general corporate purposes.
Marrone Bio raises $12 million in secondary stock offering
Posted on Thursday April 19, 2018
The move is the latest by the Davis-based agricultural technology company to improve its balance sheet.
Marrone Bio Innovations, Inc. Announces Pricing of Its Common Stock Offering
Posted on Wednesday April 18, 2018
Marrone Bio Innovations, Inc. (MBII) (or "the Company"), a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment markets, today announced the pricing of its previously announced underwritten public offering. The Company is offering 7,275,000 registered shares of its common stock, par value $0.00001 per share, at a price to the public of $1.65 per share, resulting in gross proceeds of approximately $12 million. In connection with the offering, the Company has also granted the underwriter a 45-day option to purchase up to an additional 1,091,250 shares of common stock offered in the public offering to cover over-allotments, if any.
Marrone Bio Innovations, Inc. Announces Proposed Public Offering of Common Stock
Posted on Tuesday April 17, 2018
DAVIS, Calif., April 17, 2018-- Marrone Bio Innovations, Inc. or, a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment ...