CitroTech Inc. (CITR) Form 8-K — Oct 22, 2026
$CITRForm 8-KItems 1.01, 7.01, 9.01Filed Oct 22, 2026, 4:15 PM ET0001683168-26-008023Original filing
CitroTech Inc. closed an underwritten public offering of 2,240,000 shares of common stock at $2.50 per share on October 22, 2026, raising approximately $5.6 million in gross proceeds before a 7.0% underwriting discount and offering expenses. Univest Securities, LLC acted as sole book-running manager. The company granted the underwriter a 45-day option to purchase up to 336,000 additional shares (15% of the deal) at the offering price to cover over-allotments.
Key figures
- Greenshoe
- 336000
- Gross Proceeds
- 5600000
- Offering Price
- 2.5
- Shares Offered
- 2240000
- Lockup days
- 90
- Greenshoe percent
- 15%
- Net price per share
- 2.325
- Expense reimbursement
- 50000
- Underwriting discount percent
- 7
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.