secwatch.observer — SEC 8-K summary
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Issuer:     Clean Vision Corp (CLNV)
CIK:        0001391426
Form:       8-K
Filed at:   2024-06-04T23:59:59+00:00
Accession:  0001903596-24-000374
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Vision enters $110K convertible note and up to $5M STRATA equity line with Clearthink Capital
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391426/000190359624000374/0001903596-24-000374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391426/000190359624000374/clnv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-24-000374

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