CitroTech Retires Series A Preferred; Issues Series C to BoltRock and TC Special Investments
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CitroTech retired all Series A Preferred Stock and issued Series C Convertible Preferred shares to BoltRock and TC Special Investments via agreements signed May 28, 2026. This transaction simplifies the capital structure and aligns investor incentives. BoltRock received immediate issuance, while TC Special Investments will receive shares within 18 months or upon a change of control. The deal includes board rights and registration privileges for holders maintaining 10% ownership.
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