ClearSign Announces Private Placement of $1,770,000
ClearSign Technologies (Nasdaq: CLIR) completed a private placement of 500,000 common shares with an existing stockholder at $3.54 per share, generating gross proceeds of $1,770,000.
Rhea-AI Summary
ClearSign Technologies (Nasdaq: CLIR) completed a private placement of 500,000 common shares with an existing stockholder at $3.54 per share, generating gross proceeds of $1,770,000. The price reflects the average Nasdaq closing price over the five trading days ending June 21, 2026.
The placement closed on July 22, 2026. According to ClearSign, net proceeds will fund working capital, research and development, marketing and sales, and general corporate purposes. The securities were issued in an unregistered transaction under the Securities Act using applicable exemptions.
Positive
- Gross proceeds of $1.77 million from private placement
- Pricing at market average based on five-day Nasdaq closing prices
- Support from existing stockholder providing new capital without public offering costs
Negative
- 500,000 new shares issued creating equity dilution for existing holders
- Unregistered securities may limit immediate liquidity for the investor
News Explained
The completed issuance brings cash but reduces other holders’ proportional ownership; the resulting dilution is not quantified.
With the
A private placement is a sale to selected investors outside a public offering; here, the selected investor was an existing stockholder.
Because the securities were not registered, the release says they may not be offered or sold in the United States without registration or an applicable exemption.
The
Sources and calculations
- ClearSign private placement announcement (2026-07-23)
- Private placement / PIPE definition (undated)
- ClearSign first-quarter 2026 fundamentals (2026Q1)
- Offering gross against the last reported quarterly operating outflow, in days at that rate $1,770,000 / ($1,348,000 / 90) = 118.2 days
Details
Market reaction after private placement: CLIR +3.08% in the Jul 23 session
In the Jul 23 session, CLIR gained 3.08%, reflecting a moderate positive market reaction. Argus tracked a trough of -25.7% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. Trading volume was very high at 3.5x the daily average, suggesting strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Shares issued
- 500,000 shares
- Private placement
- Placement price
- $3.54 per share
- Average Nasdaq closing price for five trading days ending June 21, 2026
- Gross proceeds
- $1,770,000
- Private placement completed July 22, 2026
Historical Context
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Three M1 burner purchase order represented the third M Series order within one month.
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Additional M1 burner order was placed for a second midstream heater in West Texas.
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Underwritten offering priced 777,780 common shares at $4.33 per share.
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Company announced a proposed underwritten public offering with a 15% overallotment option.
-
First-quarter update highlighted burner orders, hydrogen testing, and approximately $7.7 million cash.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
private placement financial
par value financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
At the Market Transaction With Existing Stockholder
TULSA, OK / ACCESS Newswire / July 23, 2026 / ClearSign Technologies Corporation (Nasdaq:CLIR) ("ClearSign" or the "Company"), a leader in advanced combustion and sensing technologies that help industrial operators dramatically reduce emissions, increase efficiency and support the use of cleaner fuels including hydrogen, today announces the completion of a private placement (the "Placement") of 500,000 shares of its common stock, par value
ClearSign intends to use the net proceeds from the Placement for working capital, research and development, marketing and sales, and general corporate purposes.
"We very much appreciate, and are encouraged by, the continued the support of this long time stockholder," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.
The securities offered in the Placement have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.
About ClearSign Technologies Corporation
ClearSign Technologies Corporation designs and develops products and technologies for the purpose of decarbonization and improving key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emission reduction, safety, the use of hydrogen as a fuel and overall cost-effectiveness. Our patented technologies, embedded in established OEM products as ClearSign Core™ and ClearSign Eye™ and other sensing configurations, enhance the performance of combustion systems and fuel safety systems in a broad range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, transport and power industries. For more information, please visit www.clearsign.com.
For further information:
Investor Relations:
Matthew Selinger
Firm IR Group for ClearSign
+1 415-572-8152
mselinger@firmirgroup.com
Cautionary Note on Forward-Looking Statements
All statements in this press release relating to the Placement that are not based on historical fact are "forward-looking statements." You can find many (but not all) of these statements by looking for words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "would," "should," "could," "may," "will" or other similar expressions. While management has based any forward-looking statements included in this press release on its current expectations on the Company's strategy, plans, intentions, performance, or future occurrences or results, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company's control, that could cause actual results to materially differ from such statements. Such risks, uncertainties and other factors include, but are not limited to, the Company's anticipated use of the net proceeds of the Placement, and other factors identified in the Company's Annual Report on Form 10-K and other periodic and current reports filed with the U.S. Securities and Exchange Commission and available for review at www.sec.gov. Furthermore, the Company operates in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and, except as may be required by law, undertakes no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which the Company hereafter becomes aware.
SOURCE: ClearSign Technologies
View the original press release on ACCESS Newswire