secwatch.observer — SEC 8-K summary
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Issuer:     CitroTech Inc. (CITR)
CIK:        0000894556
Form:       8-K/A
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001640334-25-001959
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GEVI amends PIPE offering terms, corrects warrant prices to $6.00 and $5.40; signs CEO employment agreement
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- Corrected PIPE Warrant exercise price to $6.00 per share; Placement Agent Warrant to $5.40 (120% of conversion price).
- PIPE offering of 420,937 Series C Preferred shares at $15/unit, convertible at 3.3333 common per share, raising $6.3M.
- PIPE Warrants to purchase up to 701,563 common shares, exercisable immediately for 5 years at $6.00.
- Placement agent Univest Securities receives 8% cash fee, 1% expense allowance, $350K legal, plus warrants at $5.40.
- Employment agreement with CEO Wesley J. Bolsen effective October 1, 2025, filed as Exhibit 10.4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894556/000164033425001959/0001640334-25-001959-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894556/000164033425001959/gevi_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001640334-25-001959

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