debt
confidence high
sentiment neutral
materiality 0.50
Clean Vision enters $110K convertible note and up to $5M STRATA equity line with Clearthink Capital
Clean Vision Corp
- $110,000 convertible note with 12% interest, $10,000 original issue discount, matures Jan 21, 2025.
- Conversion price initially $0.025/share, subject to adjustments if stock trades below thresholds.
- STRATA Agreement allows Clean Vision to sell up to $5M of common stock at 85% of average two lowest VWAP over 5 days.
- 5,000,000 commitment shares issued to investor as inducement.
- Registration rights agreement requires filing resale registration statement within 30 days.