Troubled food-ingredient maker RiceBran Technologies (Nasdaq: RBIT) raised about $6.38 million through a private placement to expand into personal-care and cosmetics. 

The Scottsdale, Arizona-based company makes ingredients for food, nutritional supplements and animal-nutrition products. The company's products are derived from raw rice bran and refined to create stabilized rice bran, rice bran oil and defatted rice bran, RiBalance, RiSolubles, RiRiber and ProRyza products. RiceBran has operations in the U.S. and Brazil.

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