The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., Sep. 5, 8:11 AM

Slide #2. Ceres, Inc. Secondary Offering

Company: Ceres, Inc. (NASDAQ:CERE)
Date announced: 8/21/2015
Shares Offered: 1,598,478
Date of Pricing: 8/21/2015
Price Per Share: $1.22
Secondary Offering Details: Ceres, Inc. (NASDAQ: CERE), an agricultural biotechnology company, today announced that it has entered into a securities purchase agreement with certain institutional investors providing for the purchase and sale of 1,598,478 shares of common stock at a price of $1.22 per share and warrants to purchase up to 1,198,859 shares of common stock at an effective price of $0.09375 per warrant with an exercise price of $1.22 per share. The warrants will be exercisable six months following the closing date and will expire five years from the date they become exercisable.

Ceres is an agricultural biotechnology company that develops and markets seeds to produce crops for bioenergy and other markets that utilize plant biomass. Co. uses a combination of plant breeding and biotechnology to develop seed products. These technology platforms have a range of application across several crops, including food, feed, fiber and fuel crops. Co.'s products are: Sorghum, which includes sweet, high biomass and forage types; Switchgrass, which is a perennial grass that tolerates a range of environmental conditions and provides biomass yield potential; and Miscanthus, which includes several perennial species that have potential as energy crops.
Open the CERE Page at The Online Investor »

Company Name:  Ceres Inc
Sector:  Agriculture & Farm Products

Open the CERE Page at The Online Investor (in a new window) »

September 5, 2015    8:11 AM Eastern
Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2015, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.