Item 8.01 Other Events.
On January 5, 2023, Water On Demand, Inc. ("WODI"), a subsidiary of OriginClear,
Inc. (the "Company") filed a press release which announced the signing of a
non-binding Letter of Intent with Fortune Rise Acquisition Corporation, a
Delaware corporation ("Fortune Rise"), under which Fortune Rise proposes to
acquire all the outstanding securities of WODI, based on certain material
financial and business terms and conditions being met.
The furnishing of the press release is not an admission as to the materiality of
any information therein. The information contained in the press release is
summary information that is intended to be considered in the context of more
complete information included in the Company's filings with the U.S. Securities
and Exchange Commission (the "SEC") and other public announcements that the
Company has made and may make from time to time by press release or otherwise.
The Company undertakes no duty or obligation to update or revise the information
contained in this report, although it may do so from time to time as its
management believes is appropriate. Any such updating may be made through the
filing of other reports or documents with the SEC, through press releases or
through other public disclosures.
The information in this Item 7.01 of this Current Report on Form 8-K and the
press release shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of
1933, as amended. The information contained in this Item 7.01 and in the press
release shall not be incorporated by reference into any filing with the SEC made
by the Company, whether made before or after the date hereof, regardless of any
general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit
Number Description
99.1 Press Release issued January 5, 2023
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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