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Press Releases

RiceBran Technologies Completes Legal Process for Release of $1.9 Million Held in Escrow Related to 2008 Purchase of Irgovel

Published On Thursday - March 24, 2016

SCOTTSDALE, Arizona, March 24, 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, announced today that it has completed the legal process necessary for the release of the US$1.9 million that has been held in escrow at a San Francisco bank since the Company's acquisition of Irgovel in 2008.

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RiceBran Technologies to Host 2015 Full Year Financial Results Conference Call on March 30th at 4:30 PM EDT

Published On Thursday - March 24, 2016

SCOTTSDALE, Arizona, March 24, 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 W. John Short, Chief Executive Officer & President of RBT, will host a conference call on Wednesday, March 30th at 4:30 p.m. EDT to discuss the Company's financial results for the year ended December 31, 2015.

Also joining the call from management will be Dale Belt - Chief Financial Officer, Dr. Robert Smith - Senior Vice President of Operations & Business Development and Mark McKnight - Senior Vice President of Sales. Read More

RiceBran Technologies Announces Closing of $3 Million Registered Direct Offering

Published On Tuesday - February 23, 2016

SCOTTSDALE, Arizona, February 23, 2016 /PRNewswire/ -- 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 the closing of its registered direct offering pursuant to a securities purchase agreement with a healthcare focused institutional investor to purchase $3 million of the Company's Series F convertible preferred stock (the "Preferred Stock"). The Preferred Stock is initially convertible into 2,000,000 shares of the Company's Common Stock, based on a conversion price of $1.50 per share. In addition, the Company issued unregistered warrants to purchase a total of 2,660,000 shares of Common Stock at an exercise price of $2.00 per share. The warrants will be exercisable beginning six months following the closing date and will expire five years from the date on which they become exercisable.

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RiceBran Technologies Announces $3 Million Registered Direct Offering

Published On Thursday - February 18, 2016

SCOTTSDALE, Arizona, February 17, 2016 /PRNewswire/ -- 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 a definitive agreement with funds managed by a healthcare focused institutional investor to purchase $3 million of the Company's Series F convertible preferred stock (the "Preferred Stock") in a registered direct offering. The Preferred Stock shall be convertible into 2,000,000 shares of the Company's Common Stock, based on a fixed conversion price of $1.50 per share. In addition, the Company will issue unregistered warrants to purchase a total of 2,660,000 shares of Common Stock at a fixed exercise price of $2.00 per share. The warrants will be exercisable beginning six months following the closing date and will expire five years from the date on which they become exercisable. The registered direct offering of the Preferred Stock is expected to close on or about February 22, 2016, subject to customary closing conditions.

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Institutional Shareholder Services (ISS), Leading Proxy Advisor, Recommends RiceBran Technologies Shareholders Vote “FOR” ALL RiceBran Nominees

Published On Wednesday - February 17, 2016

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--

RiceBran Technologies (NASDAQ:RIBT and RIBTW) (the “Company”), a global leader in the production and marketing of value added products derived from rice bran, today announced that Institutional Shareholder Services Inc. (“ISS”), the nation’s leading independent proxy advisory firm, has issued a report recommending that RiceBran Technologies shareholders vote on the WHITE proxy card “FOR” the election of ALL the Company’s director nominees – W. John Short, Marco V. Galante, David Goldman, Baruch Halpern, Henk W. Hoogenkamp, Robert C. Schweitzer and Peter A. Woog – at RiceBran Technologies’ Annual Meeting of Shareholders (the “Annual Meeting”) on June 22, 2016.

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RiceBran Technologies and the Narula Group, One of the World’s Largest Growers of Organic Rice, Enter into Strategic Supply Partnership and Establish Joint Venture

Published On Tuesday - February 9, 2016

SCOTTSDALE, Arizona, February 9, 2016 /PRNewswire/ --

  • RIBT gains exclusive supply rights outside South East Asia, Germany and the United Kingdom to organic rice bran produced by Narula Group, the world's largest supplier of organic jasmine rice bran.
  • Narula Group will acquire up to 950,000 shares of RIBT at $2.80 per share based on net margins derived from RIBT's sale of organic rice bran products.
  • RIBT and Narula Group will form a company to market additional Narula Group organic products in North America, including organic chia, organic kale and organic coconut products.
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RiceBran Technologies Awarded Final Judgment of $1.9 Million Plus Interest from US District Court Related to 2008 Purchase of Irgovel

Published On Friday - January 15, 2016

Company expects the release of US$1.9m held in escrow in the next 30 to 60 days

SCOTTSDALE, Arizona, January 14, 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, announced today that the US District Court for the District of Arizona has entered a final judgment in the Company's favor for a total of $1.9 million plus interest related to the Company's 2008 acquisition of its Brazilian subsidiary, Irgovel.

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RiceBran Technologies and Kentucky Equine Research Sign Exclusive Supply and Cooperation Agreement for North American Equine Market

Published On Wednesday - December 30, 2015

World Leader in Equine Nutrition Partners with Technology Leader in Rice Bran Stabilization and Processing

SCOTTSDALE, Arizona, December 30, 2015 /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 entered into a 10 year Exclusive Supply and Cooperation Agreement covering the North American equine market with Kentucky Equine Research ("KER"), an international equine nutrition, research, and consultation company serving horse owners and the feed industry.

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RiceBran Technologies Ships First Nutricosmetics Order to a Large Nationwide Retail Chain Store

Published On Thursday - December 10, 2015

Two hand creams formulated with rice bran oil to be available at select retail stores with an anticipated larger rollout in 2016

SCOTTSDALE, Arizona, December 10, 2015 /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, began to focus on the emerging nutricosmetics market as a significant, high margin growth opportunity for its rice bran, rice bran oil and rice bran derivative products in late 2014. Today the Company announced that it has shipped a nutricosmetics order to a large retail chain customer with over 4,000 stores throughout the United States. The two new hand cream products formulated with rice bran oil were developed by RBT in conjunction with the retail chain's product development team. Those hand creams will be available in a select number of stores immediately with a larger roll out anticipated to take place in 2016.

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RiceBran Technologies’ Proprietary Ingredients Featured in 2 New Korean Product Lines

Published On Thursday - December 3, 2015

New powdered drink includes rice bran as "ancient grains" ingredient

SCOTTSDALE, Arizona, December 2, 2015 /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's proprietary and patented rice bran ingredients have been included in the formulation of two new product lines launched in Korea by two multi-national consumer packaged goods companies focused on all natural food products and nutritional and functional foods.

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