secwatch.observer — SEC 8-K summary
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Issuer:     Clean Vision Corp (CLNV)
CIK:        0001391426
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001903596-23-000585
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391426/000190359623000585/0001903596-23-000585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391426/000190359623000585/clnv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-23-000585

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