Key facts
- This page summarizes John M. Pasquesi's Form 3 filing for ClearSign Technologies Corp (CLIR).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 Apr 2025, 16:30.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
Additional SEC filing notes
Footnote F1
The reporting person is the managing member of Otter Capital LLC.
Footnote F2
Each warrant entitles the holder to purchase one share of the issuer's common stock at an exercise price of $1.05 from the date of issuance through February 14, 2030. The issuer may redeem the warrants upon 30 days' advance notice if the closing price of the issuer's common stock equals or exceeds $2.275 for any 20 business days within a 30 consecutive business-day period, provided that such warrants may only be redeemed if there is an effective registration statement covering the resale of the warrant shares. The warrants are not exercisable to the extent that the exercise thereof would cause Otter Capital LLC and its affiliates to beneficially own greater than 19.99% of the outstanding shares of common stock of the issuer immediately after giving effect to the exercise (the "Beneficial Ownership Limitation"). As a result of the Beneficial Ownership Limitation, warrants to purchase up to 2,555,000 shares of the issuer's common stock are exercisable as of February 14, 2025.