other_material
confidence high
sentiment neutral
materiality 0.60
ClearSign enters $10.39M ATM equity facility with H.C. Wainwright; terminates prior $8.7M ATM
ClearSign Technologies Corp
- Entered ATM Agreement with H.C. Wainwright & Co. for up to $10,390,000 of common stock, dated July 17, 2025.
- Proceeds to be used for working capital, R&D, marketing, sales, and general corporate purposes.
- Terminated prior ATM with Virtu Americas LLC (up to $8.7M) effective July 12, 2025.
- Wainwright to receive 3.0% cash commission on aggregate gross proceeds from sales under new ATM.
- Registration statement filed but not yet effective; sales cannot occur until SEC declares it effective.
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