Water On Demand Acquires Modular Water Systems Division from OriginClear

April 19, 2023

OriginClear transferred its Modular Water Systems division and related IP to its subsidiary Water On Demand, Inc. Water On Demand purchased the assets (including patent licenses) in exchange for 6 million shares of Water On Demand common stock to better align technology with Water On Demand's investment and managed-services platform and accelerate commercial adoption.

Buyers
Water On Demand, Inc.
Targets
Modular Water Systems
Sellers
OriginClear, Inc.
Location
Florida, United States
Transaction Type
Divestiture

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