OriginClear’s OriginSpark venture launches first project financing initiative Clearwater, FL – 5 November, 2025 – OriginClear Inc. (OTC: OCLN), a pioneer in tax-advantaged funding of scarce assets, today announced a strategic joint venture with Bitmern Mining, which operates Bitcoin mining hosting facilities in Indiana, North Dakota and internationally in Ethiopia. The partnership aims to develop and operate large-scale, sustainable Bitcoin mining facilities in the United States, with the eventual goal of integrating AI and data center solutions for enhanced efficiency and environmental impact. This is the first project financing initiative for OriginClear’s recently announced OriginSpark venture, which follows the company’s recent spinoff of its long-standing industrial water business. Post-spinoff venture inspired by first contact “Partnering with OriginSpark accelerates our expansion in the U.S., leveraging our track record to build efficient, AI-integrated mining facilities that deliver value to stakeholders,” said Giannis Andreou, CEO and founder of Bitmern Technologies, LLC, and a Bitcoin…
CLEARWATER, FL / December 16, 2024 –OriginClear, Inc. (OTC: Other:OCLN) (“OCLN”) has notified Fortune Rise Acquisition Corporation (“FRLA”) that its privately-held subsidiary, Water On Demand Inc. (“WODI”), is terminating the Business Combination Agreement dated October 23, 2023. The planned business combination was anticipated to have resulted in WODI becoming a publicly listed company. Termination of the Merger Agreement On December 12, 2024, the FRLA and WODI entered into a Mutual Termination Agreement, terminating the Business Combination Agreement, effective immediately, in accordance with the provisions of Section 7.1(a) thereof. Since the date the Business Combination Agreement was signed, the registration of the S-4 Registration Statement faced ongoing delays which resulted in continued costs and uncertainties. “We have determined that delays in the registration process could push the potential closing date of the business combination to March 2025 or later, which would result in significant additional costs and expenses, listing concerns and…
Facility Will Allow for Increased Manufacturing Production, More Inventory, and New Hires Sherman, TX – September 10, 2024—Progressive Water Treatment (PWT), a division of Water on Demand Inc., announces today that it has opened a new 21,500-square-foot headquarters in Sherman, Texas. The facility features a light manufacturing facility for water treatment equipment, a warehouse to expand in-stock filtration & pump inventory, and provides more rapid delivery to its customers. The Grand Opening ceremony will be held on Tuesday, October 8, from 2 to 4 p.m. at 5225 W Houston, Sherman, TX 75092. The event will include a ribbon-cutting ceremony by the Mayor of Sherman, David Plyler. Riggs Eckelberry, Co-Founder and CEO of OriginClear, plans to join the Mayor of Sherman, PWT President Marc Stevens, and PWT President of Sales Mike Jenkins, for the ribbon-cutting. “Progressive Water Treatment has been growing its footprint in Texas for 25 years now, and we’re eager…
Klir was selected to centralize workflows and data to meet environmental regulations, compliance, and quality requirements Clearwater, FL – April 9, 2024 – OriginClear Inc. (OTC Other: OCLN), the Clean Water Innovation Hub™, announced today the selection of Klir, Inc. (www.klir.com) to support its planned Water On Demand pilot program focusing on mobile home parks (MHP) in the Greater Central Texas Region.
Enviromaintenance services Mobile Home Parks in the Greater Central Texas Region with small-scale replacement systems requiring advanced treatment and tank technologies Clearwater, FL – March 26, 2024 – OriginClear Inc. (OTC Other: OCLN), the Clean Water Innovation Hub™, announced the signing of a Memorandum of Understanding (MOU) between Modular Water Systems (MWS) and Enviromaintenance of Georgetown, TX to collaborate on sales of standardized systems in the Greater Central Texas Region, from Waco to San Antonio.
CLEARWATER, FL and Metuchen, NJ – February 15, 2024 – OriginClear, Inc. (OTC Other: OCLN), the Clean Water Innovation Hub™, and Fortune Rise Acquisition Corporation (Nasdaq: FRLA), a Special Purpose Acquisition Company (SPAC), today announced the filing of a registration statement on Form S-4 with the SEC which includes a preliminary proxy statement and prospectus in connection with the proposed business combination with OCLN subsidiary Water On Demand (WODI), an investor-funded service offering decentralized water management solutions and technologies to businesses and communities, potentially without the burden of upfront capital expenditures. WODI is a subsidiary of OriginClear, Inc. (OTC Other: OCLN). The Registration Statement is available on the SEC’s website at https://www.sec.gov/Archives/edgar/data/1849294/000109690624000209/frla_s4.htm.
Acquisition Would Bring Manufacturing In-House for Modular Water Systems Division Clearwater, FL and Buda, TX – January 10, 2024 – OriginClear Inc. (OTC Other: OCLN), the Clean Water Innovation Hub™, and Buda, Texas-based Plastic Welding and Fabrication, Ltd. (PWF) jointly announced today a Memorandum of Understanding (MOU) for a strategic partnership between OriginClear’s subsidiary, Water On Demand, Inc. (“WODI”), and PWF.
Business combination expected to close in Q2 2024. Metuchen, NJ and Clearwater, FL – October 24, 2023 – Fortune Rise Acquisition Corporation (Nasdaq: FRLA) and OriginClear Inc. (OTC Other: OCLN), the Clean Water Innovation Hub™, today announced that FRLA and Water On Demand Inc. (WOD), a subsidiary of OriginClear, Inc., have entered into a definitive business combination agreement (the “BCA”).
Consolidation intended to reinforce the value in potential merger transaction Clearwater, FL – September 26, 2023 – OriginClear Inc. (OTC Other: OCLN), the Clean Water Innovation Hub™, announces that it recently merged its subsidiaries, Water On Demand™ Inc. (WODI) and Progressive Water Treatment Inc. (PWT). The consolidation, which was approved by WODI shareholders, is intended to create better enterprise value for a potential merger opportunity with Fortune Rise Acquisition Corporation (NASDAQ: FRLA), as OCLN announced in January: https://www.originclear.com/company-news/originclears-water-on-demand-subsidiary-signs-letter-of-intent-to-merge-with-fortune-rise-acquisition-corporation.
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 Filing for 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.
Annual increase percentage in a single year is highly unusual for an equipment business. Clearwater, FL – April 20, 2023 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that in its 10-K Annual Report filing, 2022 revenue increased by 250% from $4,143,744 to $10,376,573, setting a new range for the company’s operations.
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).
Approximately 125 Million Total Shares Shorted Since November 2019 Short Squeeze Expected When OCLN Exceeds $0.038 SqueezeTrigger Price CLEARWATER, Fla., April 12, 2023–(BUSINESS WIRE)–OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces today that it has retained BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance. BUYINS continues its coverage on OriginClear, Inc. (OTC: OCLN) after releasing the latest short sale data through April 10, 2023. The total aggregate number of shares shorted since November 2019 is approximately 125 million shares. On average approximately 37.96% of daily trading volume is short selling. The SqueezeTrigger price for all OCLN shares shorted is $0.038. A short squeeze is expected to begin when shares of OCLN exceed this level.
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”).
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.
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).
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.
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.
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.
Announcement Made at Prestel Family Office Forum in London Clearwater, FL – June 29, 2022 – OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announced the launch of its $300 Million offering to be conducted on behalf of its wholly-owned subsidiary, Water on Demand, Inc. (“WODI”).
