---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-23-000529"
form_type: "8-K"
ticker: "CLNV"
cik: "0001391426"
company_name: "Clean Vision Corp"
filed_at: "2023-07-10T23:59:59+00:00"
generated_at: "2026-06-13T10:30:52.908619+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Clean Vision settles litigation with former executive Christopher Percy; issues shares and receives $150,000

## Summary
- Settlement agreement with Christopher Percy resolves lawsuit filed Sept 2022, no admission of fault.
- Percy pays $150,000 to Clean Vision; CEO Daniel Bates pays $25,000 to Percy.
- Company to issue 1.5M new shares, restore 3M cancelled shares, and lift stop-transfer on 4.2M shares.
- Percy agrees not to sell more than 10% of daily trading volume per day.
- Parties file stipulation to dismiss all claims with prejudice; mutual release.

## SEC filing metadata
- accession: 0001903596-23-000529
- form_type: 8-K
- ticker: CLNV
- cik: 0001391426
- company_name: Clean Vision Corp
- filed_at: 2023-07-10T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391426/000190359623000529/0001903596-23-000529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391426/000190359623000529/clnv_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-23-000529
- JSON: https://secwatch.observer/filing/0001903596-23-000529.json
- Plain text: https://secwatch.observer/filing/0001903596-23-000529.txt

## Key facts
- Material Agreements
  Clean Vision Corp entered into Settlement Agreement and Mutual Release with Christopher Percy and Daniel Bates valued at $150,000 (effective 2023-07-03).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Christopher Percy and Daniel Bates
  - Value: $150,000
  - Effective: 2023-07-03
  source text: On July 3, 2023, Clean Vision Corporation (the “Company”) entered into a Settlement Agreement and Mutual Release (the “Settlement Agreement”) by and between the Company, Christopher Percy and Daniel Bates whereby the parties agreed to a global settlement to a lawsuit filed by the Company against Mr. Percy in September 2022 in Clark County, Nevada in the Eighth Judicial District Court (Case No: A-22-85843-B), with the case being subsequently removed to the United States District Court, District of Nevada (2:22-cv-01862-ART-NJK) and thereafter, Mr. Percy counterclaimed against Clean Vision and brought third-party claims against Mr. Bates (the “Litigation”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391426/000190359623000529/0001903596-23-000529-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.