CitroTech Inc. Announces Pricing of $5.6 Million Public Offering
CitroTech announced pricing of an underwritten public offering of 2,240,000 common shares at $2.50 per share. The company expects gross proceeds of approximately $5.6 million before underwriting discounts, commissions, and expenses.
Why it matters — The offering would provide CITR with proceeds from newly issued shares, while the final amount after deductions was not specified in the excerpt.