• Ocean Thermal Energy sold 2 newly authorized Series E Preferred shares in an unregistered private placement on July 7, 2026.
• Two private investors paid $10,000 per share, raising $20,000.
• Series E Preferred carries an $10,000 liquidation value, an 8% cumulative dividend, payable in cash or common stock.
• The preferred is convertible into common stock on specified triggers; conversion uses 50% of the 10-day VWAP.
• Up to 150 Series E Preferred shares were authorized; proceeds are intended to fund operations and strengthen the balance sheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Thermal Energy Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-26-006603), on July 10, 2026, and is solely responsible for the information contained therein.