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Press Releases

RiceBran Technologies Enters Into Definitive Agreements for an $8 Million Private Placement Consisting of a Combination of Debt and Equity Securities

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SCOTTSDALE, Arizona, February 10, 2017 /PRNewswire/ -- Company to use proceeds to repay $4.2 million in current debt and for strategic initiatives to realign its operations, significantly reduce operating costs, and drive sustainable sales growth

- Financing expected to result in an annual cash interest savings of approximately $500,000 net of OID and a reduction of the net effective interest rate from 11.6% to 6.0%

RiceBran Technologies (NASDAQ:RIBT and RIBTW) (the "Company" or "RIBT"), a global leader in the production and marketing of value-added products derived from rice bran, today announced that it has entered into definitive agreements with a group of accredited investors for the purchase of $6 million of non-convertible original issue discount debentures and $2 million of convertible preferred stock.

RiceBran Technologies Receives Extension on Senior Secured Term Loan and Revolving Line of Credit with Great Elm Capital

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SCOTTSDALE, Arizona, December 30, 2016 /PRNewswire/ -- RiceBran Technologies (NASDAQ:RIBT and RIBTW) (the "Company" or "RBT"), a global leader in the production and marketing of value added products derived from rice bran, today announced that the Company has received an extension on its senior secured term notes and revolving line of credit with Great Elm Capital due to mature on December 31, 2016. The Company is currently exploring various funding options to repay the loans which totaled approximately $2.8 million as of October 31, 2016, and expects to have the necessary capital in place prior to the expiration of the extension on January 31, 2017.

RiceBran Technologies Names Dr. Robert Smith Chief Executive Officer and Member of the Board of Directors

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 SCOTTSDALE, Arizona, December 13, 2016 /PRNewswire/ -- RiceBran Technologies (NASDAQ:RIBT and RIBTW) (the "Company" or "RBT"), a global leader in the production and marketing of value added products derived from rice bran, today announced the appointment of Dr. Robert Smith as Chief Executive Officer and member of the Company's Board of Directors. Dr. Smith, who assumed the role of Interim Chief Executive Officer in August 2016, brings over 20 years developing and managing product and business opportunities in the agricultural, human and animal nutrition, and pharmaceutical industries.

RiceBran Technologies Reports Financial Results for Q3 2016

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Scottsdale, Arizona –November 10, 2016– RiceBran Technologies (NASDAQ: RIBT and RIBTW) (the “Company” or “RBT”), a global leader in the production and marketing of value added products derived from rice bran, today announced its financial results for its fiscal third quarter ended September 30, 2016.

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