ClearSign Technologies completed a private placement of 500,000 common shares at $3.54 per share, generating gross proceeds of $1.77 million. The deal was with Otter Capital and included an underwriter waiver to remove certain restrictions on the company’s shares and related registration activities. The shares were issued as restricted securities under Rule 506 of Regulation D and Section 4(a)(2) of the Securities Act, with the placement closing on July 22, 2026. Proceeds are earmarked for working capital, research and development, marketing and sales, and general corporate purposes. In several reports, the placement involved an existing stockholder and reflected terms aligned with Nasdaq’s recent closing prices for the relevant period. ClearSign designs and develops decarbonization and combustion/sensing technologies, including its ClearSign Core and ClearSign Eye platforms, aimed at reducing emissions and improving efficiency.