From TokenPost · · 40s
CitroTech Prices Shares at $2.50
CitroTech sells 2.24 million shares at $2.50 each in public offering.
In brief
CitroTech sells 2.24 million shares at $2.50 each in public offering. CitroTech priced a 2.24 million-share public offering at $2.50 per share to raise $5.6 million gross proceeds. Originally reported by TokenPost.
CitroTech Pricing
CitroTech priced a 2.24 million-share public offering at $2.50 each, targeting $5.6 million in gross proceeds.
Financial Details
The offering uses net proceeds for working capital and general corporate purposes, with Univest Securities LLC as the sole book-running manager.
Closing Date and Conditions
The sale closes on or about Oct. 22, subject to customary conditions, after the SEC declared the registration statement effective Oct. 20.
The headline
CitroTech priced a 2.24 million-share public offering at $2.50 per share to raise $5.6 million gross proceeds.
