---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-23-000585"
form_type: "8-K"
ticker: "CLNV"
cik: "0001391426"
company_name: "Clean Vision Corp"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:21:32.208570+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Clean Vision Corp enters into $500K convertible note agreement with Coventry Enterprises

## Summary
- Issued senior convertible promissory note with $500,000 face value, purchased at $425,000 (15% OID).
- Note bears 10% annual interest, matures July 31, 2024; convertible at 90% of lowest VWAP over 20 trading days before conversion.
- Company may prepay any portion without penalty; investor gets right of first refusal on equity line financings for 24 months.
- Registration rights agreement filed for resale of conversion shares.

## SEC filing metadata
- accession: 0001903596-23-000585
- form_type: 8-K
- ticker: CLNV
- cik: 0001391426
- company_name: Clean Vision Corp
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391426/000190359623000585/0001903596-23-000585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391426/000190359623000585/clnv_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-23-000585
- JSON: https://secwatch.observer/filing/0001903596-23-000585.json
- Plain text: https://secwatch.observer/filing/0001903596-23-000585.txt

## Key facts
- Material Agreements
  Clean Vision Corp entered into Securities Purchase Agreement with accredited investor valued at $500,000 convertible promissory note with 10% interest, 15% OID, conversion price at 90% of lowest V (effective 2023-07-31).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: accredited investor
  - Value: $500,000 convertible promissory note with 10% interest, 15% OID, conversion price at 90% of lowest V
  - Effective: 2023-07-31
  source text: Clean Vision Corporation (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Investor purchased a senior convertible promissory note (the “Note”) in the original principal amount of $500,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391426/000190359623000585/0001903596-23-000585-index.htm
- Material Agreements
  Clean Vision Corp entered into Registration Rights Agreement with accredited investor valued at Company agreed to file a registration statement covering resale of registrable securities (effective 2023-07-31).
  - Action: entry
  - Counterparty: accredited investor
  - Value: Company agreed to file a registration statement covering resale of registrable securities
  - Effective: 2023-07-31
  source text: In connection with the Purchase Agreement, the Company also entered into a Registration Rights Agreement (the “RRA”) whereby it agreed to file with the SEC a Registration Statement covering the resale of all of the registrable securities under the RRA.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391426/000190359623000585/0001903596-23-000585-index.htm

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