ORIGINCLEAR, INC. 8K
0001096906-26-000785
View on SEC EDGARFollowing the death of CEO Riggs Eckelberry, OriginClear named CFO Cory Mertes as interim CEO and began restructuring steps, including capital consolidation, debt and preferred conversions, asset liquidations, and a potential transition of shareholders into direct ownership of Water on Demand, Inc.
OriginClear, Inc. announced the passing of its CEO and visionary leader Riggs Eckelberry and appointed its Chief Financial Officer and director, Cory Mertes, as interim Chief Executive Officer, while the Board of Directors initiates a series of strategic actions to address current obligations, protect shareholders, and preserve value, including consolidating the company’s equity capitalization, converting debt and preferred equity, liquidating certain assets, positioning the company for investment or acquisition, and working with counsel on a structure to transition OriginClear shareholders into a more direct ownership position in affiliated operating company Water on Demand, Inc., with further shareholder communications expected in the coming weeks.
Filing Facts
- CIK
- 1419793
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001096906-26-000785
- Alert Tier
- 8