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Announcements

OriginClear’s Water On Demand Subsidiary Signs Letter of Intent to Merge With Fortune Rise Acquisition Corporation

Non-binding agreement sets basis for negotiations.

Metuchen, NJ and Clearwater, FL – January 5, 2023 – Fortune Rise Acquisition Corporation (Nasdaq: FRLA) and OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announce that OriginClear’s subsidiary, Water On Demand, Inc. (“Water On Demand”) (www.waterondemand.net), has executed a Letter of Intent (“LOI”) with Fortune Rise Acquisition Corporation, a Delaware special purpose acquisition corporation  (NASDAQ: FRLA) (“FRLA”) under which FRLA proposes to acquire all the outstanding securities of Water on Demand, Inc. (“WODI”), based on certain material financial and business terms and conditions being met. The LOI is not binding on the parties and is intended solely to guide good-faith negotiations toward definitive agreements.

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OriginClear’s Water On Demand Subsidiary Closes Acquisition of Fortune Rise Sponsor, LLC

Clearwater, FL – December 29, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that its subsidiary, Water On Demand, Inc. (“Water On Demand” or “Company”) (www.waterondemand.net), has closed the acquisition of Fortune Rise Sponsor, LLC, a Delaware limited liability company (the “Sponsor”), which is the sponsor of Fortune Rise Acquisition Corp. (NASDAQ: FRLA) (the “SPAC”).

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OriginClear Third Quarter Revenue Tripled Over Last Year

High pace of fulfilling record 2021 sales continues

Clearwater, FL – November 16, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, reported today that for the three months ended September 30, 2022, revenue increased by 200%, tripling to $3,366,061 from $1,120,687 for the three months ended September 30, 2021. Gross profit increased by 149%, or more than double, to $823,174, as compared to $330,351 for the same period last year.

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OriginClear Retains Basile Law Firm To Explore SPAC Merger

Firm has experience in SPAC Business Combinations

Clearwater, FL – November 7, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has retained The Basile Law Firm, P.C. (www.thebasilelawfirm.com), to explore a potential business combination with a NASDAQ-listed Special Purpose Acquisition Corporation (SPAC).

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OriginClear Opens Equity Line with GHS Investments

Intended to help clean up legacy shareholder commitments

Clearwater, FL – October 25, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has entered an Equity Financing Agreement (the “Agreement”) with GHS Investments (GHS). Pursuant to the Agreement, GHS has agreed to purchase up to $25.0 million in registered common stock, with timing and amounts of the purchases to be determined at the sole discretion of OCLN.

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OriginClear’s Pump Station Line Rapidly Expands

High durability and a competitive price make EveraMOD attractive to cities and businesses

Clearwater, FL – October 18, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that its pump station product line is showing commercial success. Known as EveraMOD in the Modular Water Systems (MWS) lineup, this durable, modular system is being adopted by customers, often as a simple yet vital retrofit for existing, obsolete installations.

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OriginClear Teams Up with Real Estate Leader for Off-Grid Housing

New project builds on successful PhilanthroInvestors partnership

Clearwater, FL – September 21, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces its collaboration with Inc. 500 real estate pioneer Ivan Anz to develop off-grid housing solutions. Ivan founded PhilanthroInvestors™, which promotes human welfare while earning a financial return.

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OriginClear Second Quarter Revenue Up 240% Over Last Year

Reflects continued success in fulfilling increased sales in 2021

Clearwater, FL – August 16, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, reported today that for the three months ended June 30, 2022, revenue increased by 240% to $3,167,967 compared to $931,422 for the three months ended June 30, 2021. Gross profit increased by 288% to $685,474, compared to $176,500 for the same period last year.

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OriginClear Installs EveraBOX for Integrated Municipal Water Disinfection

Top Firm Entech Engineering Taps OriginClear for Innovative Sustainability Solutions

Clearwater, FL – August 12, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announced the inaugural delivery and installation of its pre-engineered EveraBOX™ to implement a low-risk Liquid Ammonium Sulfate (LAS) disinfectant system for Pennsylvania’s Beaver Falls Municipal Water Authority (BFMA).

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OriginClear Names Castle Placement for Water On Demand Offering

 

Platform will tap up to 64,500 institutional investors/lenders and 600,000+ accredited investors

Clearwater, FL – August 3, 2022 –OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has named investment bank Castle Placement (“Castle”) (www.castleplacement.com) as its exclusive placement agent to build the capital base for its Water On Demand™ program.

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