CitroTech Inc. (CITR) investor details 9.14% stake and share moves
Rhea-AI Filing Summary
Stephen Conboy reports beneficial ownership of 2,061,669 CitroTech Inc. Common Shares, representing approximately 9.14% of the 22,554,586 Common Shares outstanding, including 1,112 shares issuable upon exercise of warrants.
His position reflects several transactions: conversion of 550,000 Series C Convertible Preferred Shares into 1,833,334 Common Shares on August 22, 2025; purchase of 667 Series C shares for $10,005 at $15.00 per share on September 30, 2025 and their conversion into 2,224 Common Shares on April 16, 2026, together with a warrant covering up to 50% of the related conversion shares. Subsequent activity included a gift of 150,000 Common Shares on July 24, 2026 and the sale of 275,001 Common Shares at $3.00 per share on August 4, 2026.
Positive
- None.
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- None.
Key Figures
Beneficial ownership: 2,061,669 Common Shares
Percent of class: 9.14%
Shares outstanding: 22,554,586 Common Shares
+5 more
8 metrics
Beneficial ownership
2,061,669 Common Shares
Common Shares beneficially owned by Stephen Conboy
Percent of class
9.14%
Percentage of CitroTech Common Shares beneficially owned
Shares outstanding
22,554,586 Common Shares
Common Shares outstanding used to calculate ownership percentage
Preferred conversion (2025)
550,000 to 1,833,334 shares
Series C Convertible Preferred converted into Common Shares on August 22, 2025
Preferred purchase
$10,005 for 667 shares
667 Series C Convertible Preferred Shares bought at $15.00 per share on September 30, 2025
Preferred conversion (2026)
667 to 2,224 shares
Series C Convertible Preferred converted into Common Shares on April 16, 2026
Gifted shares
150,000 Common Shares
Common Shares gifted for no consideration on July 24, 2026
Shares sold
275,001 at $3.00 per share
Common Shares sold on August 4, 2026
Key Terms
beneficial ownership, Series C Convertible Preferred Stock, Securities Purchase Agreement, Common Stock Purchase Warrant Agreement, +2 more
6 terms
beneficial ownership regulatory
"The Reporting Person has beneficial ownership of 2,061,669 Common Shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Series C Convertible Preferred Stock financial
"converted 550,000 shares of Series C Convertible Preferred Stock to 1,833,334 shares"
Series C convertible preferred stock is a class of investment shares issued in a later private financing round that combine safety and upside: they usually pay ahead of ordinary shares if a company pays dividends or is sold, but can be converted into common stock to share in future growth. For investors this acts like a VIP ticket with a safety net—offering priority protection while preserving the option to participate in a successful exit.
Securities Purchase Agreement regulatory
"entered into a securities purchase agreement (the Securities Purchase Agreement) with the Issuer"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
Common Stock Purchase Warrant Agreement financial
"executed a common stock purchase warrant agreement (the Warrant Agreement)"
Sole Voting Power regulatory
"Number of Shares Beneficially Owned... Sole Voting Power 2,061,669.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power regulatory
"Sole Dispositive Power 2,061,669.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of CitroTech Inc. (CITR) does Stephen Conboy control?
Disclosures state that Stephen Conboy controls approximately 9.14% of CitroTech Inc. Common Shares. The percentage is calculated using 22,554,586 Common Shares outstanding and assumes exercise of 1,112 warrant shares held by him into Common Shares.
What preferred stock conversions did Stephen Conboy report for CitroTech Inc. (CITR)?
Conboy converted 550,000 Series C Convertible Preferred Shares into 1,833,334 Common Shares on August 22, 2025. He later converted 667 additional Series C shares into 2,224 Common Shares on April 16, 2026, increasing his Common Share holdings.