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Equity SaleItem 3.02 · 8-KLOW RiskNeutral

Ocean Thermal Energy Corp.

oceansolutions.com
Filed: Jul 7, 2026CIK: 0000827099Energy
Full company profileView on SEC.gov

AI Executive Summary

AI-powered analysis of 8-K filing content

Ocean Thermal Energy Corp. raised $20,000 by selling two shares of Series E Preferred stock to private investors on July 7, 2026, under a registration exemption. The convertible preferred shares represent a capital-raising strategy to enhance financing flexibility.

Key Takeaways

Company sold 2 shares of newly-authorized Series E Preferred stock at $10,000 per share for total proceeds of $20,000

Transaction conducted under Section 4(a)(2) and Regulation D exemptions from SEC registration requirements

2 more takeaways

Filing Overview

Form Type8-K
Filing DateJul 7, 2026
Item3.02
CategoryEquity Sale
CIK0000827099
Accession #0000827099
Risk LevelLOW
SentimentNeutral
Signalinformational
Topics
stock offeringdebt financing

What This Means

The company sold equity securities without SEC registration. Often used for private placements or executive compensation.
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