CitroTech Prices $5.6 Million Public Offering at $2.50 a Share

Bitget2026/10/21 13:07

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CitroTech priced an underwritten public offering of 2,240,000 shares of common stock at $2.50 per share.
Expected gross proceeds total approximately $5.6 million before underwriting discounts, commissions and offering expenses.
The underwriter has a 45-day option to purchase 336,000 additional shares at $2.50 each, less underwriting discounts and commissions.
The offering is expected to close on or about October 22, 2026, subject to customary closing conditions.
Net proceeds will fund working capital and other general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CitroTech Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610210900BIZWIRE_USPR_____20261021_BW765233) on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CitroTech Prices $5.6 Million Public Offering at $2.50 a Share

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