ClearSign Technologies Prices Public Offering of 777,780 Shares at $4.33

ClearSign Technologies Corporation priced an underwritten public offering of 777,780 shares of its common stock at $4.33 per share, primarily to existing stockholders. This offering is expected to generate gross proceeds of $3,367,787. The company also granted the underwriter a 30-day option to purchase an additional 116,667 shares to cover over-allotments, which could increase gross proceeds to $3,872,955.51. The net proceeds, estimated at $2.94 million, will be used for working capital, research and development, marketing and sales, and general corporate purposes. The offering is expected to close around June 1, 2026.