secwatch.observer — SEC 8-K summary
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Issuer:     ClearSign Technologies Corp (CLIR)
CIK:        0001434524
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001104659-24-050306
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ClearSign Technologies raises $5M in private placement with amended securities purchase agreement
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- Entered amendment to securities purchase agreement with investor Andrew Schwartzberg on April 22, 2024.
- Total gross proceeds of approximately $5,000,000 from issuance of common stock, pre-funded warrants, and redeemable warrants.
- Private placement includes 2,249,763 common shares, pre-funded warrants for 3,155,642 shares, and redeemable warrants for up to 8,108,106 shares.
- Transaction exempt from registration under Securities Act Section 4(a)(2) and Rule 506(b).
- Closing expected on April 23, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434524/000110465924050306/0001104659-24-050306-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434524/000110465924050306/tm2412465d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-050306

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