CLIR News & Events

ClearSign Technologies announces the pricing of an underwritten public offering with primarily existing stockholders of 777,780 shares of its common stock at a price to the public of $4.33 per share, for gross proceeds of $3,367,787. The Company has also granted to the underwriter a 30-day option to purchase, at the same price per share as the underwriter paid for the initial shares, up to an additional 15% of the shares of common stock offered in the Public Offering to cover over-allotments in connection with the Public Offering, which if exercised in full would increase the gross proceeds to $3,872,955.51. The Public Offering is expected to close on or about June 1, subject to customary closing conditions. Newbridge Securities Corporation is acting as the sole book-running manager of the Public Offering.

ClearSign Technologies Corporation announced that it is proposing to sell shares of its common stock in an underwritten public offering. All of the shares in the offering are to be sold by ClearSign. ClearSign intends to use the net proceeds from the offering for working capital, research and development, marketing and sales, and general corporate purposes. Newbridge Securities is acting as the sole book-running manager of the offering.

ClearSign Technologies announces that it has received a purchase order for a ClearSign M1 burner from heater manufacturer Tulsa Heaters Midstream. "We are happy to see continued interest in this midstream product line," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. "THM was one of the first adopters of this new product line just over a year ago and it is encouraging to see another order come from the Texas market"

ClearSign Technologies announces that it has received a purchase order for the physical testing and demonstration of burners as the second phase of a process heater retrofit project comprising of a total of 32 ClearSign Coreb burners to be installed in the customers California, CA, refinery.