ZBB Energy prices public offering

|By:, SA News Editor

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