- ZBB Energy (NYSEMKT:ZBB) has priced a public offering of 11,520,000 shares of common stock at a price of $1.12.
- The underwriter, Craig-Hallum Capital Group, has exercised its option to purchase 1,728,000 additional shares of common stock to cover over-allotments.
- Total gross proceeds of the offering are expected to be approximately $14.8M, and will total $13.5M after deducting the underwriter's discount and other expenses.
- The offering is expected to close on or around August 27, 2014.
- ZBB -13.2% premarket
at Fox Business (Aug 24, 2012)