Press Release – New York, NY – August 24, 2018 – Sichenzia Ross Ference LLP announced today that it has represented New Age Beverages Corporation (NASDAQ “NBEV”) in a public offering of 8.2 million shares of its common stock at a price of $1.28 per share for gross proceeds to NBEV of $10.5 million.
Roth Capital Partners acted as sole book running manager and Northland Capital Markets acted as Lead Manager for the offering. The Sichenzia Ross Ference LLP team was led by Partners Gregory Sichenzia, Marcelle Balcombe, and Tara Guarneri-Ferrara.