ClearSign Combustion (CLIR) has shared an announcement.
Robert T. Hoffman, Sr. stepped down from the board of ClearSign Technologies Corporation, with no disagreements cited regarding company operations. Meanwhile, clirSPV LLC, a major shareholder with rights to maintain a 19.99% ownership stake, is set to increase their shares following a recent public offering and private placement by ClearSign. This exercise of rights, expected to close by June 24, 2024, demonstrates clirSPV LLC’s ongoing commitment as a significant investor in the company’s future.
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