Marrone Bio Innovations, Inc. Announces Proposed Public Offering of Common Stock

DAVIS, Calif., April 17, 2018 (GLOBE NEWSWIRE) — Marrone Bio Innovations, Inc. (NASDAQ:MBII) or (“the Company”), a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment markets, today announced that it is proposing to offer shares of its common stock in an underwritten public offering. The Company expects to grant the underwriter a 45-day option to purchase up to an additional 15 percent of the shares of common stock offered in the public offering to cover over-allotments, if any.