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General Enterprise Ventures Filed Terms, NYSE American: MFB

Makes a flame retardant for wildfire defense and treating lumber.

Industry: Materials

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Industry: Materials

General Enterprise Ventures, Inc., (“GEVI,” “we,” “us,” or the “Company”) is an environmentally sustainable flame retardant and flame suppression company for the residential home industry. Our current product is CitroTech, which is utilized in wildfire defense and to treat lumber to inhibit fire. In addition, we are developing a coating to treat lumber during manufacture prior to distribution Our product is sustainable, because it is made of food-grade ingredients derived from corn, fruits and other renewable sources. Our current customer base is mainly comprised of homeowners, developers and fire departments in 11 Western States. Homeowners and developers use our product to proactively spray wood framing during construction to treat the property prior to the occurrence of fires. We install systems to deploy our product remotely to provide a buffer zone around properties to prevent combustion. Fire Departments use our product to proactively spray around controlled burns and areas that traditionally have active wildfire risk to prevent expansion of the burn area.
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IPO Data
IPO File Date 10/11/2024
Offer Price
Price Range $11.00 - $13.00
Offer Shares (mm) 1.3
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $11.00 - $13.00
Offer Shares (mm) 1.3
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Univest Securities
Company Data
Headquarters Cheyenne, WY, United States
Founded 1990
Employees at IPO n/a
Website www.generalenterpriseventures.com

General Enterprise Ventures (MFB) Performance