---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-003093"
form_type: "8-K"
ticker: "CITR"
cik: "0000894556"
company_name: "CitroTech Inc."
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:15:26.996547+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CitroTech forms 50/50 joint venture with Hexion to commercialize fire-retardant IP

## Summary
- HexiTech LLC formed April 17, 2026; CitroTech contributes fire-retardant IP license; Hexion contributes manufacturing assets.
- Hexion provides CitroTech up to $6M advance for capital contributions, with 18-month repayment terms and distribution priority.
- Distributions: Hexion receives 85% until commercialization targets met; thereafter pro rata.
- If CitroTech exits, license continues with royalty in high-teens to low-twenties percentage range.
- Fundamental actions require consent of both members' designees; deadlock provisions included.

## SEC filing metadata
- accession: 0001683168-26-003093
- form_type: 8-K
- ticker: CITR
- cik: 0000894556
- company_name: CitroTech Inc.
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894556/000168316826003093/0001683168-26-003093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894556/000168316826003093/citro_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-003093
- JSON: https://secwatch.observer/filing/0001683168-26-003093.json
- Plain text: https://secwatch.observer/filing/0001683168-26-003093.txt

## Source-grounded claims
- claim_id: 77c2b76486f426d27bd965b98770511c3851d7e4
  claim: CitroTech Inc. entered into LLC Agreement with Hexion Inc. (effective 2026-04-17).
  evidence_excerpt: On April 17, 2026, the Company and Hexion entered into a limited liability company agreement governing HexiTech (the “LLC Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/894556/000168316826003093/0001683168-26-003093-index.htm
- claim_id: 988c0eb2d5398b32e101cf8299a9820bb8e6d4ba
  claim: CitroTech Inc. entered into IP License Agreement with HexiTech and Mighty Fire Breaker, LLC (effective 2026-04-17).
  evidence_excerpt: On April 17, 2026, the Company entered into an Intellectual Property License Agreement (the “IP License Agreement”) with HexiTech and Mighty Fire Breaker, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/894556/000168316826003093/0001683168-26-003093-index.htm

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