- 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
CDTi announces proposed rights offering
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