---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-24-000540"
form_type: "8-K"
ticker: "CLNV"
cik: "0001391426"
company_name: "Clean Vision Corp"
filed_at: "2024-08-20T23:59:59+00:00"
generated_at: "2026-05-31T08:26:39.011315+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clean Vision defaults on $246,400 convertible note payment; interest rate jumps to 24%

## Summary
- Default triggered by missed $50,000 payment due Aug 12, 2024; current balance $246,400.
- Interest rate adjusted from 12% to 24%; conversion price resets to lowest traded price during default.
- Company negotiating forbearance but warns of material impact on working capital if unable to cure.
- Default could force equity/debt financing on substantially worse terms than current note.

## SEC filing metadata
- accession: 0001903596-24-000540
- form_type: 8-K
- ticker: CLNV
- cik: 0001391426
- company_name: Clean Vision Corp
- filed_at: 2024-08-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391426/000190359624000540/0001903596-24-000540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391426/000190359624000540/clnv_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-24-000540
- JSON: https://secwatch.observer/filing/0001903596-24-000540.json
- Plain text: https://secwatch.observer/filing/0001903596-24-000540.txt

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