RGS prices public offering, raising $4.1M

LOUISVILLE – Solar installer RGS Energy (Nasdaq: RGSE) on Thursday morning priced a follow-on public stock offering, raising $4.1 million in gross proceeds.

Company officials said they expect to net about $3.6 million after paying agent fees and other offering expenses.

Louisville-based RGS sold units for 22 cents apiece in the offering, with each unit consisting of one share of Class A common stock and a Series I warrant. The warrant is for the purchase of one share of common stock at an exercise price of 35 cents, and is exercisable immediately after issuance for a…