Lucosky Brookman Congratulates its Client, Clean Vision Corporation on its $4M Financing to Fund Planned Global Expansion
Lucosky Brookman congratulates its client, Clean Vision Corporation (OTCQB: CLNV) (“Clean Vision” or the “Company”), an emerging leader in the sustainable clean technology and green energy sectors, in its $4 million dollar financing round that closed on February 23, 2023, which will allow the Company to rapidly execute on its business model supporting a portfolio of sustainable ventures targeting key environmental challenges.
Funding comes from a multi-billion-dollar, multi-strategy platform hedge fund with approximately $5B in assets under management that seeks to build talent density across all areas of its business, providing its team with world class resources for optimal results.
Under the terms of the transaction, Clean Vision will receive funding in two tranches: $2.5 million upon execution of all documents, and the balance of $1.5 million upon the filing of a Form S-1 with the U.S. Securities and Exchange Commission within thirty (30) days of closing the transaction.
“This capital will allow Clean Vision to rapidly expand our global operations and provide Clean-Seas the necessary resources to close its acquisition of Ecosynergie Group in Morocco with current expectations to begin recognizing revenue from current operations,” stated Dan Bates, CEO of Clean Vision. “EcoCell will also benefit from this investment, and we look forward to completing our hybrid hydrogen fuel cell technology.”
Lucosky Brookman acted as corporate and securities counsel to the Company, while Spartan Capital Securities, LLC served as the sole placement agent for the offering and will work jointly with the Maxim Group to fund the Company’s future capital needs and support its current plans for an uplisting to a senior exchange.