RGS Energy Completes $7.0 Million Private Equity Offering

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RGS Energy (RGSE) Closes 2.92M Equity Offering at $2.40/Share

July 9, 2014 5:14 PM EDT

RGS Energy (Nasdaq: RGSE) has completed its previously announced private equity offering for gross proceeds of approximately $7.0 million.

After paying placement agent fees and offering expenses, the company plans to use the net proceeds of approximately $6.4 million to support the launch of its... More