Rocky Brands set a price of $8.40 a share for a public offering of 1.8 million new shares in the company, intended to raise net proceeds of $14.1 million that will be used to pay down long-term debt. The price was announced on May 11 and the offer expired on May 14, but the American company has not yet announced its outcome. Depending on the demand for the shares, Rocky Brands has let the door open for the issue of up to 270,000 additional shares at the same price. Rocky's brands include Georgia Boot, Durango, Mossy Oak and Dickies.