secwatch.observer — SEC 8-K summary
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Issuer:     Clean Vision Corp (CLNV)
CIK:        0001391426
Form:       8-K
Filed at:   2024-11-15T23:59:59+00:00
Accession:  0001903596-24-000679
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Clean Vision subsidiary secures $15M term loan for WV recycling facility
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- $15M term loan from Huntington National Bank; $5M funded at closing on Nov 13, 2024.
- Second $10M tranche subject to conditions including delivery of $15M performance bond.
- Interest rate at Term SOFR + 3.75%; maturity February 1, 2027.
- Loan secured by substantially all assets of Clean-Seas WV.
- Proceeds used for development and construction of Kanawha County recycling facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391426/000190359624000679/0001903596-24-000679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391426/000190359624000679/clnv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-24-000679

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