$OCLN @OriginClear Big News 10Q Update coming out
Post# of 42152
Breakout Stock Alert
Firm has experience in SPAC Business Combinations
CLEARWATER, Fla., November 07, 2022--(BUSINESS WIRE)--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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"There are hundreds of SPACs that are looking for a good target to acquire with their capital," said Riggs Eckelberry, OriginClear CEO. "With our signature Water On Demand™ water asset initiative, we believe that we represent a world-class use of a SPAC’s capital." (Photo: OriginClear)
"There are hundreds of SPACs that are looking for a good target to acquire with their capital," said Riggs Eckelberry, OriginClear CEO. "With our signature Water On Demand™ water asset initiative, we believe that we represent a world-class use of a SPAC’s capital."
OriginClear cautions that a specific SPAC has not been definitively identified, the prospective terms are unknown, and there is no assurance any transaction may occur.
"We have worked with Mark Basile on various projects for three years now," continued Eckelberry. "Mark and his law firm are extremely professional."
About OriginClear Inc.
Once a government monopoly, clean water is going private. Local industries and communities are now treating and recycling their own water, helping to reduce the burden on municipal systems and save on fast-rising water rates while also responding to the challenge of climate change. That’s good for business and good for sustainability. Now, the innovative fintech, Water On Demand™, is enabling clean water to become an investable asset, open to main street investors, with the potential for generational royalties. OriginClear® is the Clean Water Innovation Hub™ for both Water On Demand and Modular Water Systems™ – a leader in onsite, prefabricated systems made with sophisticated materials that can last decades. Get live weekly updates every Thursday by signing up at www.originclear.com/ceo.