Key Developments: Ceres Inc (CERE.OQ)
13 Mar 2014
Latest Key Developments (Source: Significant Developments)
Ceres Inc:Closes previously announced underwritten public offering of 20,000,000 shares of common stock at a public offering price of $1.00 per share.Total gross proceeds from the offering were $23,000,000.Aegis Capital Corp acted as sole book-running manager for the offering.Trout Capital LLC acted as financial advisor to Ceres. Full Article
Ceres Inc:Says pricing of underwritten public offering of 20,000,000 shares of common stock at public offering price of $1.00 per share.Grants the underwriters a 45-day option to purchase up to 3,000,000 additional shares of common stock to cover over-allotments, if any.Expects to receive about $20 million in gross proceeds, before deducting underwriting discounts and commissions and offering expenses payable by the company.Intends to use the net proceeds from this offering for general corporate purposes, including working capital.Expects offering to close on or about March 10.Aegis Capital Corp is acting as sole book-running manager for offering.Trout Capital LLC acted as financial advisor to Ceres. Full Article
NEW YORK, Jan 15 - Major institutional investors will need to ratchet up their investment in clean energy to achieve the massive funding goals necessary to avert catastrophic climate change, according to a report released on Wednesday by investment group Ceres.