$OCLN has executed a Letter of Intent ("LOI"
with Fortune Rise Acquisition Corporation, a Delaware special purpose acquisition corporation (NASDAQ: FRLA) ("FRLA"
under which FLRA 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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