Five Points, California, USA
January 16, 2013

S&W Seed Company (Nasdaq: SANW) today announced the closing of an underwritten public offering of 1,400,000 shares of its common stock at a price to the public of $7.50 per share. The Company received total gross proceeds of $10.5 million, excluding underwriting discounts and offering expenses. The Company anticipates using the net proceeds from this offering for working capital and general corporate purposes, which may include future business acquisitions.

Piper Jaffray & Co. acted as the sole manager for the offering. Wm. Smith & Co. acted as a financial advisor.

The securities described above were offered by S&W pursuant to a shelf registration statement previously filed with the Securities and Exchange Commission (SEC) and which is currently effective. A preliminary prospectus supplement and accompanying prospectus related to the offering were filed with the SEC on January 10, 2013. A final prospectus supplement related to the offering, together with a supplement to the final prospectus, were filed with the SEC on January 11, 2013 and January 15, 2013, respectively, and are available on the SEC's website located at www.sec.gov. Copies of the final prospectus supplement, the supplement to the final prospectus, and the accompanying prospectus relating to this offering may be obtained by contacting Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, or by telephone at (800) 747-3924, or by e-mail at prospectus@pjc.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
 

Website: http://www.swseedco.com/

Published: January 16, 2013