RiceBran Technologies Adopts Tax Benefits Preservation Plan To Protect Availability Of Its Tax Benefits
he Tax Plan is designed to protect the availability of the Company's U.S. federal and state NOLs and other tax attributes
he Tax Plan is designed to protect the availability of the Company's U.S. federal and state NOLs and other tax attributes
Save time and jump to the most important pieces.
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/28/2021 | Buy → Hold | Lake Street |
8-K - RiceBran Technologies (0001063537) (Filer)
8-K - RiceBran Technologies (0001063537) (Filer)
8-K - RiceBran Technologies (0001063537) (Filer)
Lake Street downgraded RiceBran Tech from Buy to Hold
3 - RiceBran Technologies (0001063537) (Issuer)
3 - RiceBran Technologies (0001063537) (Issuer)
3 - RiceBran Technologies (0001063537) (Issuer)
Business Unit Leader for Milling Operations Joins Board as Executive Chairman During Ongoing Strategic ReviewTOMBALL, TX / ACCESSWIRE / June 13, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, today announced that Eric Tompkins has joined the Company's Board of Directors (the "Board") and been named Executive Chairman. In addition, Peter Bradley, Executive Chairman, Will Black and Jean Heggie have resigned from the Board. The changes to the Board are eff
Asset Divestiture Further Streamlines Business as Part of Strategic ProcessTOMBALL, TX / ACCESSWIRE / January 26, 2024 / RiceBran Technologies (OTC:RIBT) ("RiceBran" or the "Company"), today announced that it has sold its Golden Ridge rice mill located in Wynne, Arkansas for $2.15 million.The divestiture is expected to, based upon third quarter 2023 results, further narrow RiceBran's projected annual net loss by approximately $1.5 million while not jeopardizing the estimated $54.4 million in federal and $46.0 million in state net operating loss carryforwards that the Company had amassed as of December 31, 2022."This sale eliminates cash and working capital drags on the business' profitabilit
Experienced Investors Georgina Russell and James Flynn Join Board of Directors to Advance Strategic ReviewTOMBALL, TX / ACCESSWIRE / January 4, 2024 / RiceBran Technologies (OTC:RIBT) ("RiceBran" or the "Company"), today announced that James Flynn and Georgina Russell have been appointed to the Company's Board of Directors. Both Mr. Flynn and Ms. Russell qualify as independent directors.Mr. Flynn is currently the Managing Member and Portfolio Manager of Nerium Capital LLC, an investment adviser he founded in 2021. He also currently serves on the Board of Directors of ARCA Biopharma, MEI Pharma, and Axiom Health (private). From 2017 to 2018, Mr. Flynn worked as a therapeutics analyst at Aptig
Board continues to review strategic initiatives and alternativesTOMBALL, TX / ACCESSWIRE / December 20, 2023 / RiceBran Technologies (OTC:RIBT) ("RiceBran" or the "Company"), an innovator in the development and manufacture of nutritional and functional ingredients derived from rice, barley and oats, today announced financial results for the third quarter ended September 30, 2023.Eric Tompkins, Executive Chairman of RiceBran, commented, "The Board of Directors continues to advance a strategic review, with the goal of creating a more sustainable organization that can better capitalize on the benefits of a public listing and the significant carryforward tax assets that have been accumulated. Th
Board continues to advance strategic review following sale of SRB businessTOMBALL, TX / ACCESSWIRE / August 21, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), an innovator in the development and manufacture of nutritional and functional ingredients derived from rice, barley and oats, today announced financial results for the second quarter ended June 30, 2023.Eric Tompkins, Executive Chairman of RiceBran, commented, "The divestiture of our stabilized rice bran ("SRB") business during the second quarter was the first step in a process aimed to reduce costs and curb losses, creating more optionality to explore strategic alternatives and better position the Company to
TOMBALL, TX / ACCESSWIRE / July 6, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, today announced that its Board of Directors (the "Board") has adopted a Tax Benefits Preservation Plan (the "Tax Plan").The Company has significant U.S. federal and state net operating loss carryforwards ("NOLs"). As of December 31, 2022, the Company has U.S. federal NOLs of approximately $54.4 million that can be used to offset taxable income, of which approximately $44.7
Board continues to advance strategic review as Golden Ridge and MGI mills operate wellTOMBALL, TX / ACCESSWIRE / May 11, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, today announced financial results for the first quarter ended March 31, 2023.Summary Results ($000s)1Q231Q22% Chg.1Q234Q22% Chg.Revenue$9,269$10,559(12%)$9,269$10,616(13%)Gross Profit (Loss)($282)$502NM($282)$(87)224%SG&A$1,731$1,6922%$1,731$1,52514%Operating Loss($2,013)($1,190)69%($2,01
SC 13D - RiceBran Technologies (0001063537) (Subject)
SC 13D/A - RiceBran Technologies (0001063537) (Subject)
SC 13D/A - RiceBran Technologies (0001063537) (Subject)
Gainers Carbon Revolution Public Limited (NASDAQ:CREV) shares surged 358% to $134.37 in pre-market trading after gaining 100% on Friday. The company’s stock began trading on Friday following merger with Twin Ridge Capital Acquisition Corp. Sensei Biotherapeutics, Inc. (NASDAQ:SNSE) shares rose 25.8% to $0.8686 in pre-market trading. Sensei Biotherapeutics reported clinical data for SNS-101 at 2023 SITC Annual Meeting. Digital Brands Group, Inc. (NASDAQ:DBGI) shares gained 21.7% to $5.28 in pre-market trading after falling around 4% on Friday. Warrantee Inc. (NASDAQ:WRNT) rose 21.4% to $0.45 in pre-market trading after gaining 11% on Friday. RiceBran Technologies (NASDAQ:RIBT) sha
Gainers Chanson International (NASDAQ:CHSN) stock rose 15.3% to $2.79 during Monday's pre-market session. The market value of their outstanding shares is at $34.5 million. Missfresh (NASDAQ:MF) stock increased by 10.24% to $0.86. The company's market cap stands at $7.0 million. Davis Commodities (NASDAQ:DTCK) shares rose 9.41% to $5.23. The market value of their outstanding shares is at $127.2 million. Freshpet (NASDAQ:FRPT) stock rose 7.29% to $62.5. The company's market cap stands at $3.0 billion. As per the press release, Q3 earnings came out today. Oatly Group (NASDAQ:OTLY) stock increased by 6.55% to $0.67. The company's market cap stands at $398.2 million. Reborn Coffee (NASDAQ:R
Gainers Nxu, Inc. (NASDAQ:NXU) shares surged 56.4% to $0.1079 in pre-market trading. On Oct. 17, Nxu received formal notice from Nasdaq staff that hearing is scheduled to be held on Dec. 14, 2023. Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares rose 45.1% to $0.7981 in pre-market trading after gaining around 7% on Wednesday. SeaStar Medical Holding Corporation (NASDAQ:ICU) shares gained 34.9% to $1.04 in pre-market trading. SeaStar medical shares jumped 70% on Wednesday after the FDA granted the company's Selective Cytopheretic Device Breakthrough Device Designation for hepatorenal syndrome. Atreca, Inc. (NASDAQ:BCEL) shares climbed 26.9% to $0.3440 in pre-market trading. On