Real Goods Solar, Inc. Announces Amendment to Form 1-A and Expected Rights Offering Calendar
REAL GOODS SOLAR (RGSE)
Last real goods solar earnings: 5/15 04:06 pm
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US:NASDAQ Investor Relations:
investors.rgsenergy.com/overview
Company Research
Source: GlobeNewswire
DENVER, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Real Goods Solar (OTCQX: RGSE), the exclusive worldwide manufacturer of the visually stunning POWERHOUSE™ Solar Shingle System, announced today that it has filed an amendment to the Form 1-A offering statement originally filed on September 30, 2019 with the Securities and Exchange Commission (the “SEC”) under Regulation A for a rights offering to its shareholders and warrant holders as of a record date of Wednesday November 27, 2019. Under the rights offering, RGS plans to distribute to each of its Class A common stockholders and its holders of outstanding warrants to purchase Class A common stock ten non-transferable subscription rights, each allowing the holder to purchase one share of Series 1 non-convertible preferred stock for $10 per share, for each one share of Class A common stock owned or purchasable under such warrants as of the record date. Each share of the preferred stock will earn a dividend representing a 12% annual yield o
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