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CitroTech Closes $5.6 Million Public Offering

CitroTech said it closed an underwritten public offering of 2,240,000 common shares at $2.50 per share.

CITR

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08:25:08 PM UTC
SquawkNews
CitroTech entered into an underwriting agreement with Univest Securities to sell 2.24 million shares of common stock in a public offering priced at $2.50 per share, representing $5.6 million in gross proceeds before underwriting discounts and expenses. CitroTech also granted the underwriters a 45-d…

CitroTech Inc. (NYSE AM: CITR) (“CitroTech” or the “Company”), a specialty chemical company developing environmentally responsible fire-inhibitor solutions, today announced the closing of an underwritten public offering of 2,240,000 shares of common stock at a public offering price of $2.50 per sha…