secwatch.observer — SEC 8-K summary
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Issuer:     Clean Vision Corp (CLNV)
CIK:        0001391426
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001903596-23-000469
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Vision Corporation issues $1.714M in convertible notes and warrants in private placement
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- Sold $1,714,285.71 principal amount of senior convertible promissory notes and warrants to purchase 44,069,041 shares.
- Notes mature in 12 months, bear 5% interest, 30% original issue discount; net proceeds ~$1M.
- Warrant exercise price set at 120% of closing price on trading day before closing; expires 5 years.
- Company amended prior warrants and notes, adjusting exercise price to $0.0389 and increasing shares issuable.
- Registration rights agreement to be filed within 30 days after closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391426/000190359623000469/0001903596-23-000469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391426/000190359623000469/clnv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-23-000469

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer