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Z Trim Holdings, Inc. Closes $1.4 Million Public Offering
Date:11/18/2013

MUNDELEIN, Ill., Nov. 18, 2013 /PRNewswire/ -- Z Trim Holdings, Inc. (OTC Markets: ZTHO), a bio-technology company providing value-added ingredients to a variety of industries, today announced that it completed a registered public offering of 1,866,667 shares of common stock at a price per share of $0.75 and warrants to purchase 1,400,000 shares of common stock at an exercise price of $1.00 per share, representing gross proceeds to Z Trim of $1,400,000. Z Trim intends to use the net proceeds for working capital needs and other general corporate purposes, including conducting research and development ("R&D"), hiring additional sales and R&D staff, and further protecting its intellectual property.

Maxim Group LLC served as the exclusive placement agent for the offering.

The securities described above were offered pursuant to a registration statement on Form S-1 (File No. 333-186577), which was declared effective by the United States Securities and Exchange Commission ("SEC") on November 12, 2013 (the "Registration Statement"). This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or 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 jurisdiction. This offering was made by means of a prospectus, copies of which may be obtained at the SEC's website at http://www.sec.gov or by request at Maxim Group LLC, 405 Lexington Avenue, New York, NY 10174.

ABOUT Z TRIM®

Z Trim Holdings, Inc. is a bio-technology company that owns existing, and has developed new, products and processes to make use of biomass for uses in the food and industrial markets. The Company's food division currently sells a l
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SOURCE Z Trim Holdings, Inc.
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