CDTi to Raise Approximately $4.4 Million

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Clean Diesel Technologies (CDTI) Places $4.4M of Common Shares, Warrants

November 4, 2014 9:30 AM EST

Clean Diesel Technologies (NASDAQ: CDTI) announced that it has raised approximately $4.4 million in gross proceeds in an offering of shares of its common stock and warrants to a single institutional investor.

The investor is acquiring 1,553,571 shares of common stock for $2.80 per share (168,571 of which... More