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CDTi announces proposed rights offering

Jun. 19, 2018 11:14 AM ETCDTi Advanced Materials, Inc. (CDTI) StockBy: Niloofer Shaikh, SA News Editor
  • CDTi Advanced Materials (OTCPK:CDTI -23.4%) will distribute non-transferable subscription rights to purchase one share of Common Stock for each share of Common Stock outstanding, at a subscription price per share of $0.50, to its stockholders of record as of June 28, raising approximately $3,424,500.
  • The subscription rights will be exercisable for up to an aggregate of 6,849,000 shares.
  • Press Release

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