ClearSign extends purchase right for clirSPV to Dec 31, 2024

ClearSign Technologies Corp

clirSPV LLC's Purchase Right to participate in future equity offerings extended to Dec. 31, 2024.
Extension follows two-thirds unit holder consent to waive Redemption Right until Dec. 31, 2024.
Board member Robert T. Hoffman Sr. is managing member of clirSPV's managing member.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ClearSign Technologies Corp amended Stock Purchase Agreement with clirSPV LLC (effective 2023-12-30).

Action: amendment
Agreement: equity purchase
Counterparty: clirSPV LLC
Effective: 2023-12-30

Exact text from the filing

On December 30, 2023, the Company received notice from clirSPV LLC that the holders of at least two-thirds of the outstanding units of clirSPV LLC agreed to extend the waiver of the Redemption Right until December 31, 2024.

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Source: SEC EDGAR

accession 0001104659-24-001822

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