other material
confidence high
sentiment neutral
materiality 0.55
ClearSign raises $1.77M via private placement of 500k shares at $3.54/share
ClearSign Technologies Corp
- Sold 500,000 shares to existing stockholder Otter Capital LLC at $3.54/share for gross proceeds of $1,770,000.
- Placement closed July 22, 2026; net proceeds for working capital, R&D, marketing, and general corporate purposes.
- Waiver obtained from Newbridge Securities to allow the private sale, effective through July 31, 2026 or consummation.
- Shares issued as restricted securities under Rule 144, no registration rights.