ClearSign Technologies Corporation announced that it expects to receive $4.341024 million in funding from Princeton Opportunity Management LLC
On same day, The Company issued an aggregate of 3,907,000 shares of common stock, pre-funded warrants to purchase up to 786,000 shares of common stock, and redeemable warrants to purchase up to 7,039,500 shares of common stock in its first tranche. The offering is pursuant to an exemption from the registration requirements of Section 5 of the Securities Act contained in Section 4(a)(2) thereof and/or Regulation D thereunder, the Company desires to issue and sell to Purchaser, and Purchaser desires to purchase from the Company, securities of the Company as more fully described in this Agreement.