ROTH Capital Partners Acts as Sole Book-Running Manager
for Profire Energy, Inc. (Nasdaq:PFIE) in its
$28 Million Secondary Public Offering

   

For more information please contact:

Investment Banking
Alexander Montano
Managing Director
(949) 720-5770
amontano@roth.com
 
Otilia (Tilin) Chen
Director
(949) 720-5783
tchen@roth.com

Dustin F. Cabrera
Vice President
(949) 720-7136
dcabrera@roth.com


Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703
agurewitz@roth.com
 
Nazan Akdeniz
Senior Vice President
(949) 720-5740
nakdeniz@roth.com
 
Lou Ellis
Senior Vice President
(949) 720-5739
lellis@roth.com

Transaction Information
Profire Energy, Inc. (Nasdaq:PFIE), has closed a secondary public offering of 8,625,000 shares of its common stock, which includes the sale of 1,125,000 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at a public offering price of $3.25 per share, resulting in gross proceeds of approximately $28 Million. Profire Energy, Inc. did not offer any stock in this transaction and did not receive any proceeds from the sale of the shares by the Selling Stockholders.

ROTH Capital Partners acted as sole book-running manager for the offering.

About Profire Energy, Inc.
Profire Energy, Inc. is a technology company that creates, installs and services burner and chemical management solutions in the oil and gas industry. Profire Energy, Inc. assists energy production companies in the safe and efficient production and transportation of oil and natural gas.  For more information, please visit www.profireenergy.com.
(Source: Company Press Release | 6/29/18)

About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com.

Date of Announcement: 7/10/18

The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2018.