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OriginClear and Fortune Rise Acquisition Corporation Agree to Terminate Business Combination Agreement
Dec 16, 2024•over 1 year ago
Contract Type
agreement
ClearwaterWaterWater Purification
Description
OriginClear, Inc. and its subsidiary, Water On Demand Inc., have terminated the Business Combination Agreement with Fortune Rise Acquisition Corporation due to ongoing delays in the registration process faced by the S-4 Registration Statement. This decision allows the company to focus on expanding Water On Demand operations and growing the business.
Company Information
Company
OriginClear (Water On Demand)
Location
Clearwater, Florida, United States
About
OriginClear, Inc. is the Clean Water Innovation Hub™, dedicated to launching new ventures such as Water On Demand™ and Modular Water Systems™ – a leader in onsite, prefabricated systems made with sophisticated materials that can last decades. OriginClear subsidiary Progressive Water Treatment merged with Water On Demand and Modular Water Systems in a combination known as Water On Demand Inc., intended to create better enterprise value for a potential merger.
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ClearwaterWaterWater Purification