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Stock impact report

ClearSign Combustion announces proposed public offering of common stock [Seeking Alpha]

ClearSign Technologies Corporation (CLIR) 
US:NASDAQ Investor Relations: clearsign.com/investors
Company Research Source: Seeking Alpha
ClearSign Combustion announces proposed public offering of common stockClearSign Combustion Corporation (CLIR+10.6%) intends to offer and sell shares of its common stock in an underwritten public offering.The company expects to grant the underwriter a 45-day option to purchase up to an additional 15 percent of the shares of common stock offered in the public offering to cover over-allotments, if any.Net proceeds from the offering will be utilised primarily for research and development, sales and marketing, business development, working capital and general corporate purposes.National Securities Corporation, a wholly owned subsidiary of National Holdings Corporation is acting as sole book running manager for the offering.Press ReleaseClick to subscribe to real-time analytics on CLIRNow read:For Roper, More Of The Same Looks Like A Good Plan » Show less Read more
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