Structural Monitoring Systems Announces CDI and Options Offering

Structural Monitoring Systems Shs Chess Depository Interests (AU:SMN) has released an update.

Structural Monitoring Systems is offering up to 3,846,154 CDIs at $0.52 each, with additional options, to raise up to $2 million. The offer includes free options for every four CDIs purchased, and a separate opportunity for investors to buy any unclaimed CDIs. This initiative is targeted at eligible CDI holders and specific investors, with a portion reserved for directors pending shareholder approval.

For further insights into AU:SMN stock, check out TipRanks’ Stock Analysis page.

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