Corporate ActionMay 28, 2026, 04:24 PM
ClearSign Technologies Suspends $10.39M ATM Offering
AI Summary
ClearSign Technologies Corp. announced on May 26, 2026, that it has suspended and terminated the prospectus supplement for its At The Market (ATM) offering agreement with H.C. Wainwright & Co., LLC. This supplement covered the sale of up to $10.39 million in common stock, none of which had been sold prior to the suspension. While the prospectus supplement is terminated, the underlying ATM Agreement remains active, allowing for future sales if a new prospectus supplement is filed.
Key Highlights
- ClearSign Technologies suspended and terminated its At The Market (ATM) prospectus supplement.
- The ATM prospectus supplement covered the sale of up to $10.39 million in common stock.
- No ATM shares were sold prior to the suspension and termination.
- The underlying ATM Agreement with H.C. Wainwright & Co., LLC remains in effect.
- Future sales under the ATM Agreement will require a new prospectus supplement.
Price Impact
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