logo
Share SHARE
FONT-SIZE Plus   Neg

Real Goods Solar To Raise About $9.25 Mln - Quick Facts

Real Goods Solar Inc. (RSOL) announced that it has entered into a definitive agreement to raise about $9.25 million by issuing 3.37 million shares of Class A common stock at a per share price of $2.75 and warrants to purchase 1.68 million shares of Class A common stock, with a term of five years from the closing date and an exercise price of $2.75 per share.

The company expects to receive net proceeds of approximately $8.4 million, after paying placement agent fees and estimated offering expenses. The company expects to close the offering no later than June 5, 2013, subject to customary closing conditions and compliance with notification requirements under the NASDAQ Listing Rules.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Many apps are designed to enhance productivity, simplify social networking or provide other useful benefits. These apps are practical and functional. Others are shaping day-to-day lives. Thanks to these apps, the smartphones have already replaced the watch, calendar, calculator, address book, voice... The global app market would be worth $6.3 trillion by 2021, compared to $1.3 trillion in 2016, according to a new report from analyst firm App Annie. The expected growth in the global app market is said to reflect the significantly increasing number of smartphone owners and their use of mobile apps. Agricultural products giant Monsanto Co. on Wednesday reported a nearly 18 percent increase in profit for the third quarter from last year, reflecting strong sales growth in the agricultural productivity segment and a lower tax provision. Looking ahead, the company affirmed its outlook for fiscal 2017 ongoing earnings.
comments powered by Disqus
Follow RTT