secwatch.observer — SEC 8-K summary
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Issuer:     ClearSign Technologies Corp (CLIR)
CIK:        0001434524
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001104659-24-050960
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ClearSign adds director David Maley, closes $9.3M combined public/private offering
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- David Maley appointed to ClearSign Board, effective April 24, 2024; serves on Audit & Risk Committee.
- Gross proceeds from combined public offering and private placement total ~$9.3M.
- Public offering: 4,620,760 shares and redeemable warrants at $0.91/unit; warrants exercisable at $1.05 for 5 years.
- Private placement: 2,249,763 shares, 3,155,642 pre-funded warrants, and 8,108,106 redeemable warrants at similar pricing.
- Net proceeds earmarked for working capital, R&D, marketing & sales, and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434524/000110465924050960/0001104659-24-050960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434524/000110465924050960/tm2412527d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-050960

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