{"success":true,"data":{"pressRelease":{"id":"36460","rtpr_id":"nBw4NhZLFa","ticker":"CITR","exchange":"NYSE American","all_tickers":["CITR"],"title":"CitroTech Provides Business Update","author":"Business Wire","published_at":"2026-05-15T12:30:00.276Z","article_body":"CitroTech Provides Business Update\n\nHighlights Operational Readiness and Growing Engagement from Customers and\nPartners\n\nHexion Joint Venture Enhances Commercial Pathway and Expands Industry Reach\n\nManagement to Host Conference Call at 9 a.m. ET Today\n\nCitroTech Inc. (NYSE AM: CITR), a leading specialty chemical company\ndelivering environmentally-safe fire inhibitor solutions, today announced\nfinancial results for the first quarter ended March 31, 2026 and provided a\nbusiness update highlighting continued progress toward broad\ncommercialization.\n\n“CitroTech has reached a meaningful inflection point having transitioned\nfrom technology validation to the early stages of commercial deployment,”\nsaid Wes Bolsen, Chief Executive Officer of CitroTech. “Over the past\nseveral quarters, we have focused on building the operational, manufacturing\nand commercial foundation required to support execution. While we remain early\nin our revenue ramp, we are encouraged by the increasing engagement from\nutilities, fire agencies, engineered wood producers and building materials\ncompanies.\n\n“The joint venture we formed with Hexion in April represents a step-change\nin our commercial strategy and go-to-market capabilities. The partnership\ncombines Hexion’s deep industry footprint and technical expertise with\nCitroTech’s fire-retardant technology platform, creating a more scalable\npathway to market. It is designed to accelerate adoption across the wood\nproducts industry, streamline integration with manufacturers, and expand our\nability to deliver Class A fire-rated solutions at commercial scale.\n\n“Looking ahead, our focus is execution, scaling commercial partnerships,\nexpanding manufacturing readiness and accelerating deployment across both\npublic and private sector channels. As wildfire risk intensifies and\nregulatory and insurance-driven pressures continue to reshape building\nstandards and materials selection, we believe demand for our solutions, which\nis already robust, will continue to intensify. Early customer engagement and\nemerging partnerships reinforce our optimism and strengthen confidence in our\ncommercial trajectory as we progress through 2026 and beyond.”\n\nRecent Business Highlights\n\n\n * Launched a strategic joint venture in conjunction with Hexion Inc., a leading\nglobal producer of adhesives and performance materials and an American\nSecurities portfolio company, to accelerate commercialization of\nnext-generation fire-retardant treated wood technologies across the lumber and\nmanufactured wood products industry\n\n * Initiated and expanded commercial sales with lumber and building materials\nproducers to manufacture Class A fire-rated lumber and building materials\n\n * Formed a strategic partnership with All Terrain Fire Support Inc., a leading\nwildfire mitigation, emergency response, and infrastructure protection firm to\nhelp federal, state, and military agencies prevent wildfires and safeguard\nassets using the only EPA Safer Choice recognized fire retardant\n\nThe Company has filed its Form 10-Q for the quarter ended March 31, 2026 with\nthe U.S. Securities and Exchange Commission today, May 15, 2026.\n\nConference Call\n\nManagement will host a conference call at 9 a.m. Eastern Time today to discuss\nCitroTech’s 2026 first quarter financial results with the investment\ncommunity.\n\nAnyone interested in participating should call 1-877-407-3982 if calling\nwithin the United States or 1-201-493-6780 if calling internationally. When\nasked, please reference confirmation code 13760448.\n\nA replay will be available until Friday, May 29, 2026, which can be accessed\nby dialing 1-844-512-2921 if calling within the United States or\n1-412-317-6671 if calling internationally. Please use passcode 13760448 to\naccess the replay.\n\nThe call will also be accompanied live by webcast over the Internet and\naccessible at\nhttps://viavid.webcasts.com/starthere.jsp?ei=1762067&tp_key=c913f46bf3\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fviavid.webcasts.com%2Fstarthere.jsp%3Fei%3D1762067%26tp_key%3Dc913f46bf3&esheet=54536562&newsitemid=20260515065150&lan=en-US&anchor=https%3A%2F%2Fviavid.webcasts.com%2Fstarthere.jsp%3Fei%3D1762067%26amp%3Btp_key%3Dc913f46bf3&index=1&md5=70c8c3427d1442903e28999ef9318c98)\n.\n\nAbout CitroTech Inc.\n\nCitroTech Inc. (NYSE AM: CITR) is manufacturing and deploying the CitroTech\nfamily of innovative, environmentally safe fire prevention solutions for\nhomes, wood products, and wildfire prevention and asset protection. CitroTech\nis the only long-term fire inhibitor recognized by the EPA Safer Choice\nprogram and tested to UL Greenguard Gold standards, providing effective and\nscientifically validated wildfire mitigation while safeguarding human and\nenvironmental health. The company’s growing patent portfolio,\nrecurring-revenue model, and scalable approach support its long-term growth\nand market expansion. For more information, visit www.citrotech.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.citrotech.com&esheet=54536562&newsitemid=20260515065150&lan=en-US&anchor=www.citrotech.com&index=2&md5=d2bba347881c90fdad2647de9f2692ca)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260515065150/en/\n(https://www.businesswire.com/news/home/20260515065150/en/)\n\nMedia & Investor Contact: \n\nCitroTech Inc.\n\nIsabella Sarlo\n\nAntenna Group\n\nCitroTech@antennagroup.com \n(mailto:CitroTech@antennagroup.com) \n(516) 526-9227\n\n\n\nInvestor Relations Contact: \n\nBrett Maas, Managing Principal\n\nHayden IR, LLC\n\nCITR@haydenir.com \n(mailto:CITR@haydenir.com) \n(480) 861-2425\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw4NhZLFa","title":"CitroTech Provides Business Update","author":"Business Wire","ticker":"CITR","created":"2026-05-15T12:30:00.276Z","tickers":["CITR"],"exchange":"NYSE American","article_body":"CitroTech Provides Business Update\n\nHighlights Operational Readiness and Growing Engagement from Customers and\nPartners\n\nHexion Joint Venture Enhances Commercial Pathway and Expands Industry Reach\n\nManagement to Host Conference Call at 9 a.m. ET Today\n\nCitroTech Inc. (NYSE AM: CITR), a leading specialty chemical company\ndelivering environmentally-safe fire inhibitor solutions, today announced\nfinancial results for the first quarter ended March 31, 2026 and provided a\nbusiness update highlighting continued progress toward broad\ncommercialization.\n\n“CitroTech has reached a meaningful inflection point having transitioned\nfrom technology validation to the early stages of commercial deployment,”\nsaid Wes Bolsen, Chief Executive Officer of CitroTech. “Over the past\nseveral quarters, we have focused on building the operational, manufacturing\nand commercial foundation required to support execution. While we remain early\nin our revenue ramp, we are encouraged by the increasing engagement from\nutilities, fire agencies, engineered wood producers and building materials\ncompanies.\n\n“The joint venture we formed with Hexion in April represents a step-change\nin our commercial strategy and go-to-market capabilities. The partnership\ncombines Hexion’s deep industry footprint and technical expertise with\nCitroTech’s fire-retardant technology platform, creating a more scalable\npathway to market. It is designed to accelerate adoption across the wood\nproducts industry, streamline integration with manufacturers, and expand our\nability to deliver Class A fire-rated solutions at commercial scale.\n\n“Looking ahead, our focus is execution, scaling commercial partnerships,\nexpanding manufacturing readiness and accelerating deployment across both\npublic and private sector channels. As wildfire risk intensifies and\nregulatory and insurance-driven pressures continue to reshape building\nstandards and materials selection, we believe demand for our solutions, which\nis already robust, will continue to intensify. Early customer engagement and\nemerging partnerships reinforce our optimism and strengthen confidence in our\ncommercial trajectory as we progress through 2026 and beyond.”\n\nRecent Business Highlights\n\n\n * Launched a strategic joint venture in conjunction with Hexion Inc., a leading\nglobal producer of adhesives and performance materials and an American\nSecurities portfolio company, to accelerate commercialization of\nnext-generation fire-retardant treated wood technologies across the lumber and\nmanufactured wood products industry\n\n * Initiated and expanded commercial sales with lumber and building materials\nproducers to manufacture Class A fire-rated lumber and building materials\n\n * Formed a strategic partnership with All Terrain Fire Support Inc., a leading\nwildfire mitigation, emergency response, and infrastructure protection firm to\nhelp federal, state, and military agencies prevent wildfires and safeguard\nassets using the only EPA Safer Choice recognized fire retardant\n\nThe Company has filed its Form 10-Q for the quarter ended March 31, 2026 with\nthe U.S. Securities and Exchange Commission today, May 15, 2026.\n\nConference Call\n\nManagement will host a conference call at 9 a.m. Eastern Time today to discuss\nCitroTech’s 2026 first quarter financial results with the investment\ncommunity.\n\nAnyone interested in participating should call 1-877-407-3982 if calling\nwithin the United States or 1-201-493-6780 if calling internationally. When\nasked, please reference confirmation code 13760448.\n\nA replay will be available until Friday, May 29, 2026, which can be accessed\nby dialing 1-844-512-2921 if calling within the United States or\n1-412-317-6671 if calling internationally. Please use passcode 13760448 to\naccess the replay.\n\nThe call will also be accompanied live by webcast over the Internet and\naccessible at\nhttps://viavid.webcasts.com/starthere.jsp?ei=1762067&tp_key=c913f46bf3\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fviavid.webcasts.com%2Fstarthere.jsp%3Fei%3D1762067%26tp_key%3Dc913f46bf3&esheet=54536562&newsitemid=20260515065150&lan=en-US&anchor=https%3A%2F%2Fviavid.webcasts.com%2Fstarthere.jsp%3Fei%3D1762067%26amp%3Btp_key%3Dc913f46bf3&index=1&md5=70c8c3427d1442903e28999ef9318c98)\n.\n\nAbout CitroTech Inc.\n\nCitroTech Inc. (NYSE AM: CITR) is manufacturing and deploying the CitroTech\nfamily of innovative, environmentally safe fire prevention solutions for\nhomes, wood products, and wildfire prevention and asset protection. CitroTech\nis the only long-term fire inhibitor recognized by the EPA Safer Choice\nprogram and tested to UL Greenguard Gold standards, providing effective and\nscientifically validated wildfire mitigation while safeguarding human and\nenvironmental health. The company’s growing patent portfolio,\nrecurring-revenue model, and scalable approach support its long-term growth\nand market expansion. For more information, visit www.citrotech.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.citrotech.com&esheet=54536562&newsitemid=20260515065150&lan=en-US&anchor=www.citrotech.com&index=2&md5=d2bba347881c90fdad2647de9f2692ca)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260515065150/en/\n(https://www.businesswire.com/news/home/20260515065150/en/)\n\nMedia & Investor Contact: \n\nCitroTech Inc.\n\nIsabella Sarlo\n\nAntenna Group\n\nCitroTech@antennagroup.com \n(mailto:CitroTech@antennagroup.com) \n(516) 526-9227\n\n\n\nInvestor Relations Contact: \n\nBrett Maas, Managing Principal\n\nHayden IR, LLC\n\nCITR@haydenir.com \n(mailto:CITR@haydenir.com) \n(480) 861-2425\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-15T12:30:00.376997922Z","server_sent_at_ms":1778848200376},"received_at":"2026-05-15T12:30:00.494Z","source_url":"https://www.businesswire.com/news/home/20260515065150/en/"},"analysis":{"id":"25904","press_release_id":"36460","analysis_json":{"industry":{"label":"Chemicals","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"CitroTech announced a strategic joint venture with Hexion Inc. to accelerate the commercialization of fire-retardant treated wood technologies across the lumber industry.\n\nThe company also formed a partnership with All Terrain Fire Support Inc. to deploy its EPA Safer Choice recognized fire retardant for wildfire mitigation with federal and military agencies.\n\nManagement highlighted a transition from technology validation to early commercial deployment, citing growing engagement from utilities, fire agencies, and building materials producers.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Qualitative update on commercialization progress and new strategic partnerships; no financial data provided."},"keyFigures":{},"quotedText":"CitroTech has reached a meaningful inflection point having transitioned from technology validation to the early stages of commercial deployment","namedEntities":{"people":[{"name":"Wes Bolsen","role":"CEO"},{"name":"Isabella Sarlo","role":"Media & Investor Contact"},{"name":"Brett Maas","role":"Investor Relations Contact"}],"products":["CitroTech family of fire prevention solutions","Class A fire-rated lumber","fire-retardant treated wood technologies"],"companies":[{"name":"CitroTech Inc.","ticker":"CITR"},{"name":"Hexion Inc.","relationship":"joint venture partner"},{"name":"All Terrain Fire Support Inc.","relationship":"strategic partner"},{"name":"American Securities","relationship":"investor"},{"name":"Antenna Group","relationship":"PR agency"},{"name":"Hayden IR, LLC","relationship":"IR agency"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"The release is primarily a qualitative business update highlighting operational readiness and new partnerships (Hexion JV, All Terrain Fire Support). It mentions filing Q1 results but provides no specific financial figures (revenue, EPS) in the text, limiting material impact. The strategic partnerships are positive for long-term commercialization but do not represent immediate revenue inflection."},"tickerRelevance":{"others":[{"ticker":"HXYN","relevance":"joint venture partner"}],"primary":"CITR"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"qualitative_update","sectorWeight":"niche_materials","householdBrandBoost":0}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":2,"narrative":"CitroTech announced a strategic joint venture with Hexion Inc. to accelerate the commercialization of fire-retardant treated wood technologies across the lumber industry.\n\nThe company also formed a partnership with All Terrain Fire Support Inc. to deploy its EPA Safer Choice recognized fire retardant for wildfire mitigation with federal and military agencies.\n\nManagement highlighted a transition from technology validation to early commercial deployment, citing growing engagement from utilities, fire agencies, and building materials producers.","key_figures":{},"named_entities":{"people":[{"name":"Wes Bolsen","role":"CEO"},{"name":"Isabella Sarlo","role":"Media & Investor Contact"},{"name":"Brett Maas","role":"Investor Relations Contact"}],"products":["CitroTech family of fire prevention solutions","Class A fire-rated lumber","fire-retardant treated wood technologies"],"companies":[{"name":"CitroTech Inc.","ticker":"CITR"},{"name":"Hexion Inc.","relationship":"joint venture partner"},{"name":"All Terrain Fire Support Inc.","relationship":"strategic partner"},{"name":"American Securities","relationship":"investor"},{"name":"Antenna Group","relationship":"PR agency"},{"name":"Hayden IR, LLC","relationship":"IR agency"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-15T12:30:55.454Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"qualitative_update","sectorWeight":"niche_materials","householdBrandBoost":0}},"durationMs":25398,"modelName":"george-droid-qwen-72b"}}