CLEARWATER, FL / ACCESSWIRE / July 27, 2023 / Fortune Rise Acquisition Corporation (NASDAQ:FRLA) ("FRLA") today announced that it has recently hired Richard A. Brand as Principal Executive Officer and Chief Financial Officer and has retained Nelson Mullins Riley & Scarborough LLP to advise on its proposed business combination with Water on Demand, Inc. ("WOD"), a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) and owner of FRLA's sponsor, Fortune Rise Sponsor LLC, with which it has signed a non-binding letter of intent (the "Business Combination").
CLEARWATER, FL / ACCESSWIRE / June 6, 2023 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC Other:OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.027 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination.
Modular Water Systems contributed 58% of total revenue, meeting forecast
Clearwater, FL – May 25, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™ (the Company), announces that in its 10-Q Quarterly Filingfor the 1st Quarter of 2023, Revenue for the three months ended March 31, 2023 was 163% of revenue in the same quarter last year, increasing from $1,234,105 to $2,006,394.
Synergy of technology and finance could accelerate adoption of private water treatment by local businesses
Clearwater, FL – April 18, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it recently transferred its Modular Water Systems division (MWS or Modular Water) (www.modularwater.com) and the related assets to OriginClear’s subsidiary, Water On Demand, Inc. (WOD or Water On Demand) (www.waterondemand.net).
Panelists will debate solutions to America’s water deficit
Clearwater, FL – March 21, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that its top team will help New To The Street celebrate World Water Day with a debate on how to fix growing water problems in America and the world.
Brand Ambassador Estrella Nouri will headline the offering
Clearwater, FL – March 9, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that New York-based Castle Placement has launched a limited preview crowdfunding for OriginClear’s Water On Demand™ subsidiary, the new private water utility for industry, which can help cities serve consumers better. This preview will end on April 30, 2023.
Instagram Influencer will raise awareness for Water On Demand
Clearwater, FL – 2 March, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that actress, singer, Guess model and Instagram influencer Estrella Nouri, www.instagram.com/estrellanouri, has chosen to champion clean water as her cause. She plans to raise awareness for Water On Demand™, which is working to help businesses manage their own water as a simple service, without the need for large capital outlays. Learn more at www.waterondemand.net.
In a non-binding LOI, Fortune Rise recently proposed to acquire Water On Demand, Inc.
Metuchen, NJ and Clearwater, FL – February 7, 2023 – Fortune Rise Acquisition Corporation (Nasdaq: FRLA) (the "Company" or "FRLA") and OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announce that OriginClear’s subsidiary, Water On Demand Inc. ("WODI" or "Water On Demand") deposited $977,500 (the "Second Extension Payment") into the Company's trust account for its public shareholders, representing $0.10 per public share, which enables the Company to extend the period of time it has to consummate its initial business combination by an additional three months from February 5, 2023 to May 5, 2023 (the "Second Extension").
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.
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”).