secwatch.observer — SEC 8-K summary
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Issuer:     CitroTech Inc. (CITR)
CIK:        0000894556
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001640334-25-001859
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894556/000164033425001859/0001640334-25-001859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894556/000164033425001859/gevi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-25-001859

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer