OriginClear (OTCQB: OCLN), a pioneer in decentralized water treatment and management, today announced its filing of an Offering Statement on Form 1-A with the Securities and Exchange Commission (“SEC”) to offer, up to approximately $19.1 million of preferred stock at a price of $25.00 per share, to qualified investors in a Reg A public offering. According to the update, the preferred stock will pay, on a monthly-payment basis, an annual dividend of 10%. OriginClear has engaged a FINRA member firm to file a FINRA application to be able to quote the Preferred Stock on the OTC market.
To view the full press release, visit http://ibn.fm/T8grF
About OriginClear Inc.
The mission of OriginClear is to provide breakthrough water-treatment and conveyance products that effectively improve the quality of the planet’s waters by returning them to their original and clear condition and delivering the highest-quality water to end users. By 2020, the global water-services market will have doubled in just one decade into a trillion-dollar industry. But 80% of all sewage in the world is never treated, and up to 35% of all clean water is lost in transit. This calls for self-help solutions at the point of use, a movement known as decentralized water treatment. OriginClear’s mission is to enable this decentralized water revolution by providing rapid deployment, point-of-use, water-treatment and conveyance products and technologies that enable water independence and help make clean water available for all. For more information, visit the company’s website at www.OriginClear.com.
NOTE TO INVESTORS: The latest news and updates relating to OCLN are available in the company’s newsroom at http://ibn.fm/OCLN
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