Clean Vision Corp. Enters Material Definitive Agreement

Ticker: CLNV · Form: 8-K · Filed: Jan 23, 2024 · CIK: 1391426

Clean Vision Corp 8-K Filing Summary
FieldDetail
CompanyClean Vision Corp (CLNV)
Form Type8-K
Filed DateJan 23, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.001, $300,000, $0.02, $100,000
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: material-agreement, corporate-action, 8-K

TL;DR

**Clean Vision Corp. just signed a big deal, but the details are still under wraps.**

AI Summary

Clean Vision Corp. filed an 8-K on January 23, 2024, reporting an "Entry into a Material Definitive Agreement" that occurred on January 17, 2024. While the specific details of the agreement are not disclosed in this filing, the company's action of reporting a material agreement suggests a significant business development. This matters to investors because material agreements can profoundly impact a company's future operations, revenue, and stock valuation, potentially signaling new partnerships, acquisitions, or major contracts.

Why It Matters

This filing indicates a significant business event for Clean Vision Corp., which could lead to new opportunities or changes in its operational structure. Investors should monitor for further disclosures to understand the financial implications.

Risk Assessment

Risk Level: medium — The risk is medium because a material agreement has been entered into, but its specific terms and potential impact (positive or negative) are not yet disclosed, creating uncertainty.

Analyst Insight

A smart investor would add Clean Vision Corp. to their watchlist and await further disclosures regarding the material definitive agreement before making any investment decisions, as the current filing lacks crucial details.

Key Players & Entities

  • Clean Vision Corp. (company) — the registrant filing the 8-K
  • January 17, 2024 (date) — date of the earliest event reported (entry into material definitive agreement)
  • January 23, 2024 (date) — date the 8-K was filed

Forward-Looking Statements

  • Clean Vision Corp. will file another 8-K or 10-Q/K with more details about the material definitive agreement. (Clean Vision Corp.) — high confidence, target: Q1 2024
  • The material definitive agreement will involve a new partnership or a significant contract related to Clean Vision Corp.'s industrial organic chemicals business. (Clean Vision Corp.) — medium confidence, target: Q2 2024

FAQ

What is the primary purpose of this 8-K filing by Clean Vision Corp.?

The primary purpose of this 8-K filing is to report an "Entry into a Material Definitive Agreement" by Clean Vision Corp. on January 17, 2024, as per Item 1.01 of Form 8-K.

When did the material definitive agreement mentioned in the filing occur?

The material definitive agreement occurred on January 17, 2024, which is stated as the 'Date of earliest event reported'.

What specific details about the material definitive agreement are provided in this 8-K filing?

This 8-K filing only states that a "Material Definitive Agreement" was entered into; it does not provide specific details about the nature, terms, or parties involved in the agreement.

What is Clean Vision Corp.'s state of incorporation and business address?

Clean Vision Corp. is incorporated in Nevada, and its business address is 2711 N. Sepulveda Blvd. Suite 1051, Manhattan Beach, CA 90266.

Has Clean Vision Corp. had any previous names, according to the filing?

Yes, the filing indicates that Clean Vision Corp. was formerly known as Byzen Digital, Inc. (name change on 20210325) and before that, CHINA VITUP HEALTH CARE HOLDINGS, INC. (name change on 20070227).

Filing Stats: 602 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-01-23 16:31:49

Key Financial Figures

  • $0.001 — f the Company's common stock, par value $0.001 per share (the "Common Stock"), for an
  • $300,000 — or an aggregate purchase price of up to $300,000, or $0.02 per share. Pursuant to the Ag
  • $0.02 — te purchase price of up to $300,000, or $0.02 per share. Pursuant to the Agreement, o
  • $100,000 — e "Effective Date"), the Purchaser paid $100,000 (the "Subscription Amount") to the Comp

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On January 9, 2024 (the "Signing Date"), Clean Vision Corporation (the "Company") entered into a Securities Purchase Agreement (the "Agreement") with an accredited investor (the "Purchaser") whereby the Company agreed to sell, and the Purchaser agreed to purchase, up to 15,000,000 shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), for an aggregate purchase price of up to $300,000, or $0.02 per share. Pursuant to the Agreement, on January 17, 2024 (the "Effective Date"), the Purchaser paid $100,000 (the "Subscription Amount") to the Company in exchange for 5,000,000 shares of Common Stock (the "Purchased Shares"). Although the Agreement was signed on the Signing Date, it did not become effective until the Purchaser paid the Subscription Amount to the Company in cash on the Effective Date. Pursuant to the Agreement, the Company agreed that it would use the proceeds from the sale of the Purchased Shares for working capital purposes and satisfaction of indebtedness. Additionally, the Agreement requires the Company to file a registration statement with the U.S. Securities and Exchange Commission covering the resale of the Purchased Shares no later than 90 days following the Signing Date. The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement attached to this Current Report on Form 8-K as Exhibit 10.1.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 10.1 Securities Purchase Agreement by and between the Company and the Purchaser effective January 17, 2024

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CLEAN VISION CORPORATION Date: January 23, 2024 By: /s/ Daniel Bates Name: Daniel Bates Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.