---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-25-001859"
form_type: "8-K"
ticker: "CITR"
cik: "0000894556"
company_name: "CitroTech Inc."
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T03:10:03.938021+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# General Enterprise Ventures raises $2.91M in PIPE offering; appoints two new directors

## Summary
- Raised $2,909,515 via sale of 193,967 Series C Convertible Preferred shares and warrants for 323,276 common shares.
- Series C convertible at 3.3333 common per preferred; warrants exercisable at $6.00/share for five years.
- Univest Securities acted as placement agent; received 8% cash fee and warrants exercisable at $5.40/share.
- Appointed Lorenzo Calinawan (Chemlink Partners) and Craig Huff (BoltRock Holdings) to board effective Oct 15, 2025.
- Huff co-founded Reservoir Capital; Calinawan advised on $90B+ transactions in chemicals and materials.

## SEC filing metadata
- accession: 0001640334-25-001859
- form_type: 8-K
- ticker: CITR
- cik: 0000894556
- company_name: CitroTech Inc.
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894556/000164033425001859/0001640334-25-001859-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894556/000164033425001859/gevi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-25-001859
- JSON: https://secwatch.observer/filing/0001640334-25-001859.json
- Plain text: https://secwatch.observer/filing/0001640334-25-001859.txt

## Key facts
- Equity Issuances
  CitroTech Inc. issued 193,967 shares of Series C Convertible Preferred Stock of preferred stock to certain accredited investors for aggregate purchase price of $2,909,515.
  - Security: preferred stock
  - Shares: 193,967 shares of Series C Convertible Preferred Stock
  - Purchaser: certain accredited investors
  - Consideration: aggregate purchase price of $2,909,515
  source text: On October 21, 2025, General Enterprise Ventures, Inc. (the “Company”) entered into Securities Purchase Agreements (the “Securities Purchase Agreements”) with certain investors (the “Investors”) for the issuance and sale (the “PIPE Offering”) of (i) 193,967 shares of its Series C Convertible Preferred Stock par value $0.0001 per share for an aggregate purchase price of $2,909,515 (the “Series C Preferred Stock”), each convertible into 3.3333 shares of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/894556/000164033425001859/0001640334-25-001859-index.htm
- Equity Issuances
  CitroTech Inc. issued warrants to purchase up to 323,276 shares of Common Stock of warrant to certain accredited investors for included in PIPE offering price of $15.00 per share of Series C Preferred Stock.
  - Security: warrant
  - Shares: warrants to purchase up to 323,276 shares of Common Stock
  - Purchaser: certain accredited investors
  - Consideration: included in PIPE offering price of $15.00 per share of Series C Preferred Stock
  source text: and (ii) warrants (the “PIPE Warrants”) to purchase up to 323,276 shares of Common Stock at an offering price of $15.00 per share of Series C Preferred Stock and accompanying PIPE Warrant
  evidence_url: https://www.sec.gov/Archives/edgar/data/894556/000164033425001859/0001640334-25-001859-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.