RiceBran Technologies Adopts Tax Benefits Preservation Plan To Protect Availability Of Its Tax Benefits
Portfolio Pulse from Benzinga Newsdesk
RiceBran Technologies has adopted a Tax Benefits Preservation Plan to protect the availability of its U.S. federal and state Net Operating Losses (NOLs) and other tax attributes.
July 06, 2023 | 9:08 pm
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The adoption of the Tax Benefits Preservation Plan by RiceBran Technologies is aimed at protecting its U.S. federal and state NOLs and other tax attributes.
The adoption of the Tax Benefits Preservation Plan is a strategic move by RiceBran Technologies to protect its tax benefits. This could potentially improve the company's financial position in the long run, but it's not likely to have a significant immediate impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100