Current Report Filing (8-k)
September 27 2018 - 5:31PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
Current Report
Pursuant To Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 21, 2018
ORIGINCLEAR, INC.
(Name of registrant as specified in its
charter)
Nevada
|
|
333-147980
|
|
26-0287664
|
(State or other jurisdiction of
Incorporation or organization)
|
|
(Commission File Number)
|
|
(I.R.S. Employer
Identification Number)
|
525 S. Hewitt Street,
Los Angeles, California
|
|
90013
|
(Address of principal executive offices)
|
|
(Zip Code)
|
Registrant’s telephone number,
including area code:
(323) 939-6645
N/A
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
|
☐
|
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
|
☐
|
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
|
Indicate by check mark whether the
registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.02 Unregistered Sales of Equity Securities
Conversion of Notes
As previously reported, OriginClear, Inc.
(the “Company”) entered into agreements by and between the Company and various investors by which investors hold convertible
promissory notes convertible into shares of the Company’s common stock. Between September 20, 2018 and September 27, 2018,
holders of convertible promissory notes converted an aggregate principal and interest amount of $95,692 into an aggregate of 88,459,297
shares of the Company’s common stock.
The securities above were offered
and sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act since, among other
things, the transactions did not involve a public offering.
Private Placement
As previously reported, the Company filed a
Series F Certificate of Designation with the Nevada Secretary of State on August 16, 2018. Pursuant to the Series F Certificate
of Designation, the Company shall issue up to 6,000 shares of the Series F Preferred Stock, each share of the Series F Preferred
Stock having a stated value of $1,000. The Company will also issue to each investor shares of the Company’s common stock
in an amount equal to, for each share of Series F preferred stock, five hundred dollars ($500) divided by the closing price on
the date the Company receives the executed subscription documents and the purchase price from such investor.
Between September 19, 2018 and September
25, 2018, the Company entered into subscription agreements with certain accredited investors pursuant to which the Company sold
an aggregate of 110 of the Company’s Series F Preferred Stock for an aggregate purchase price of $110,000.
The securities referenced above were offered
and sold pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act, and Rule 506(c) of Regulation
D promulgated under the Securities Act.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
ORIGINCLEAR, INC.
|
|
|
September 27, 2018
|
By:
|
/s/ T. Riggs Eckelberry
|
|
|
Name: T. Riggs Eckelberry
Title: Chief Executive Officer
|
Originclear (PK) (USOTC:OCLN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Originclear (PK) (USOTC:OCLN)
Historical Stock Chart
From Apr 2023 to Apr 2024