RiceBran Technologies Announces Proposed Public Offering of Common Stock and Warrants

SCOTTSDALE, Arizona, November 18, 2013 /PRNewswire/ --

RiceBran Technologies (OTCQB: RIBT) ("RBT") today announced that it is offering shares of its common stock and warrants to purchase shares of its common stock in an underwritten public offering.  Maxim Group LLC will be acting as the sole book running manager and Chardan Capital Markets, LLC and Dawson James Securities, Inc. will be acting as co-managers for the offering.  RBT intends to use the net proceeds from the offering to complete its recently announced planned acquisition of H&N Distribution, Inc., to fund expansion and upgrades of its plant operations in both Brazil and the United States, to invest in expanded sales and marketing activities, to invest in product research and development  and for general working capital purposes.  In connection with the anticipated closing of the proposed offering, RBT expects to list on the NasdaqCM.

RBT has filed a registration statement on Form S-1 with the Securities and Exchange Commission in connection with the proposed offering.  This offering will be made only by means of a prospectus.  A prospectus relating to the offering will be filed with the SEC and will be available on the SEC's website at sec.gov once filed.

The registration statement relating to these securities that has been filed with the SEC has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  Once available, copies of the prospectus relating to this offering may be obtained from Maxim Group LLC 405 Lexington Avenue, New York, NY 10174, (800) 724-0761.

About RiceBran Technologies

RiceBran Technologies is a human food ingredient and animal nutrition company focused on the procurement, bio-refining and marketing of numerous products derived from rice bran. Rice Bran Technologies has proprietary and patented intellectual property that allows us to convert rice bran, one of the world's most underutilized food sources, into a number of highly nutritious human food ingredient and animal nutrition products. Our target markets are human food ingredient and animal nutrition manufacturers and retailers, as well as natural food, functional food and nutritional supplement manufacturers and retailers, both domestically and internationally. More information can be found in our filings with the SEC and by visiting our website at http://www.ricebrantech.com.

Forward-Looking Statements

This release contains forward-looking statements, including, but not limited to, statements about RiceBran Technologies' expectations of raising capital through an offering of common stock and warrants, using proceeds from an offering and listing on the NasdaqCM. These statements are made based upon current expectations that are subject to known and unknown risks and uncertainties. RiceBran Technologies does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in RiceBran Technologies' filings with the Securities and Exchange Commission, including its most recent periodic reports.

Investor Contact:
Ascendant Partners, LLC
Fred Sommer
+(732)410-9810
fred@ascendantpartnersllc.com

SOURCE RiceBran Technologies




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