Origin Clear
Origin Clear is a company that is part of the pulse of the water sector. Here we bring together everything it publishes on Smart Water Magazine: its news, its blogs and the events it takes part in.
OriginClear’s Water On Demand and Fortune Rise Acquisition Corp. announce business combination
Business combination expected to close in Q2 2024. The transaction represents a pro forma equity valuation of approximately $72 million of the Combined Company, assuming no further redemptions of FRLA public shares by FRLA's public shareholders. The proceeds will be used to develop the Water On Demand water-as-a-service network, grow the Modular Water and Progressive Water business units, and carry out an aggressive acquisition program, which is expected to accelerate the existing growth.
OriginClear’s subsidiary signs letter of intent to merge with Fortune Rise Acquisition Corporation
Fortune Rise Acquisition Corporation and OriginClear, the Clean Water Innovation Hub™, announce that OriginClear’s subsidiary, Water On Demand has executed a Letter of Intent with Fortune Rise Acquisition Corporation, a Delaware special purpose acquisition corporation under which FLRA proposes to acquire all the outstanding securities of Water on Demand, based on certain material financial and business terms […]
OriginClear names Tom Marchesello Chief Operating Officer
OriginClear Inc, a leading provider of water treatment solutions, reported that distinguished military veteran, financier and technologist Tom Marchesello, the driving force behind developing the Modular Water Systems business & product lines, has been named the Company’s Chief Operating Officer (COO). Marchesello served in the U.S. Air Force as a Captain at Air Force Space Command Headquarters, leading […]
Aspen Water presents OriginClear products in Middle East
OriginClear Inc., a leading provider of water treatment solutions, reported that Dallas-based Aspen Water Inc., a global leader in rapid-deployment water treatment systems, is currently presenting OriginClear products under its own brand at trade shows in Dubai, Abu Dhabi and Baghdad, which began in February and will wrap up during March. “All of our products must […]