CitroTech Inc. filings document the specialty chemical company’s public-company status, securities registration activity and material corporate events. The record includes registration statements for common stock, disclosures on NYSE American-listed shares, historical financial statements, customer and revenue information, preferred stock and subscription-agreement references, and risk and capital-structure matters tied to its fire inhibitor business.
Material-event filings cover the company’s completed name change from General Enterprise Ventures to CitroTech, outstanding warrant clarifications, executive transition arrangements, and the HexiTech joint venture agreement with Hexion for products incorporating CitroTech fire-retardant intellectual property. The filings also identify CitroTech as a Wyoming corporation and provide governance, agreement and securities details relevant to its reporting obligations.
CitroTech Inc. reported that BoltRock Holdings LLC purchased 200,000 common shares on October 22, 2026, at $2.50 per share in the company’s underwritten public offering. BoltRock’s reported position after the purchase was 3,557,467 shares. Craig A. Huff, a director and BoltRock’s managing member, disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
CitroTech Inc. closed an underwritten public offering of 2,240,000 common shares at $2.50 per share, generating approximately $5.6 million in aggregate gross proceeds before underwriting discounts, commissions and estimated offering expenses payable by the company. The offering closed on October 22, 2026; its registration statement was declared effective on October 20, 2026.
CitroTech paid the underwriters a 7.0% discount on gross proceeds and reimbursed Univest Securities, LLC, the representative, $50,000 for actual and accountable out-of-pocket expenses. The underwriting agreement granted the representative a 45-day option to purchase up to 336,000 additional shares at the public offering price, less the underwriting discount. CitroTech said it intends to use net proceeds for working capital and other general corporate purposes. Univest acted as sole book-running manager.
CitroTech Inc. (CITR) is offering 2,240,000 shares of common stock at $2.50 per share in a firm-commitment offering, for $5.6 million in gross proceeds. The company estimates net proceeds of approximately $5.0 million after underwriting discounts, commissions and estimated offering expenses, for working capital and general corporate purposes. Underwriters have a 45-day option to purchase up to 336,000 additional shares; full exercise would bring the offering to 2,576,000 shares and estimated net proceeds to approximately $5.8 million.
CitroTech sells specialty fire-inhibitor products and reports 31 issued patents and 56 patent applications pending. Its 50/50 joint venture with Hexion, formed in April 2026, is intended to commercialize products for lumber and wood applications. For the six months ended June 30, 2026, the company reported a $10.1 million net loss, compared with approximately $22.8 million in the prior-year period. As of June 30, 2026, its accumulated deficit was $123.3 million. CitroTech also disclosed material weaknesses in financial-reporting controls involving segregation of duties and accounting processes.
CitroTech Inc. Chief Executive Officer Wesley James Bolsen received three direct awards of 300,000 RSUs each on October 1, 2025. Each RSU is a contingent right to receive one common share, subject to its award terms. One award vests over time; another is subject to continued service and annual KPI conditions; the third has four market-capitalization-based vesting installments, subject to continued service.
CitroTech Inc. amended its S-1 registration statement solely to revise Item 16 and file certain exhibits. The amendment states that it does not modify the preliminary prospectus, which is omitted.
The exhibit index lists a Renewal of Partnership Choice Agreement between the EPA and Mighty Fire Breaker LLC as filed herewith.
CitroTech Inc. (CITR) is offering 1,639,344 shares of common stock on a firm-commitment basis for up to $7.0 million, at an assumed $4.27 per share; the actual price may be at, above or below that assumption. Shares may not be sold until the registration statement becomes effective. CitroTech estimates net proceeds of approximately $6.3 million, or approximately $7.3 million if the underwriters exercise their full option, for working capital and general corporate purposes.
CitroTech makes specialty fire-inhibitor products and formed a 50/50 joint venture with Hexion in April 2026 to commercialize products for lumber and wood applications. As of September 24, 2026, it reported 31 issued patents and 56 filed or pending patent applications.
For the six months ended June 30, 2026, CitroTech reported a $10.1 million net loss, compared with approximately $22.8 million in the year-earlier period, and an accumulated deficit of $123.3 million. It also identified financial-reporting control material weaknesses relating to segregation of duties and accounting processes.
CitroTech Inc. (CITR) disclosed that it amended its Stock Exchange and Stockholders Agreements with BoltRock Holdings, LLC and TC Special Investments LLC. Each investor no longer has a contractual right to appoint a director; instead, while it and its affiliates hold at least a formula-based percentage of CitroTech’s voting power, it may designate one nominee for election to the board, and in some cases a non-voting board observer. These rights adjust automatically with board size and terminate if the ownership threshold is not met, and remain subject to legal and NYSE American requirements.
CitroTech also furnished an extensive investor presentation describing its citric-acid-based wildfire protection platform, the HexiTech joint venture with Hexion, and its strategy toward federal U.S. Forest Service Qualified Products List access. The presentation reiterates a going concern uncertainty previously disclosed, noting cash of $2.5 million and working capital of $3.0 million as of June 30, 2026, no debt, operating cash use of about $1.0 million per quarter, and a commitment by Hexion of up to $6.0 million for joint-venture capital contributions, while the company evaluates additional financing alternatives.
CitroTech Inc. filed an amendment to its June 30, 2026 quarterly report to add interactive data exhibits and refreshed officer certifications; the underlying second‑quarter 2026 financials remain unchanged. The company develops environmentally sustainable fire‑inhibiting chemicals and systems.
For the six months ended June 30, 2026, CitroTech generated $625,581 in revenue, down from $1,657,020 a year earlier, and recorded a net loss of $10.1 million versus $22.8 million in 2025. Q2 2026 revenue of $280,666 declined 59% year over year, while operating expenses were broadly flat. Significant non‑cash stock‑based compensation and prior‑year financing and derivative charges materially affect comparability.
At June 30, 2026, CitroTech held $2.5 million of cash, working capital of $3.3 million, total assets of $10.0 million, and an accumulated deficit of $123.3 million. Management states that existing cash will not fund commercial‑scale production and related working capital for the next 12 months, and explicitly discloses substantial doubt about the company’s ability to continue as a going concern. Management is evaluating additional equity or debt financing but notes there is no assurance of availability or terms.
CitroTech Inc., a specialty chemical company focused on environmentally friendly fire inhibitors, reported continued losses while restructuring its balance sheet for the quarter ended June 30, 2026. Q2 2026 revenue was $280,666, down 59% from $687,638 a year earlier as project-based system installation work shifted toward a partner-driven, chemical-sales model and there were no repeat of 2025 fire-driven deployments.
Q2 net loss narrowed to $3,902,554 from $11,904,018, helped by a sharp reduction in interest, financing and derivative-related expenses after converting all $2.4 million of convertible notes (including related party) into equity. For the first six months, revenue was $625,581 and net loss was $10,113,118. Cash was $2,519,302 with working capital of about $3.3 million, total assets of $10,036,040 and total liabilities of $1,023,178.
Management disclosed that current cash is not sufficient to fund commercial-scale production for the next 12 months, and stated that these conditions raise substantial doubt about CitroTech’s ability to continue as a going concern. The company is seeking additional equity or debt financing while investing in R&D, certifications and commercialization of its CitroTech formulations, including a new 50/50 joint venture with Hexion Inc. to develop fire-resistant lumber and wood products.