China Solar & Clean Energy Solutions, Inc. announced a private placement to issue minimum of 66,666 common shares and maximum of 333,333 common shares at an issue price of $0.30 per share for the gross proceeds of minimum of $20,000 and maximum of $100,000 on May 10, 2023. The The company will raise the funding through crowd funding platform truCrowd. As part of the transaction, truCrowd will charge a fee equal to 8% of the gross proceeds, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the company in connection with the transaction.

The company will issue securities pursuant to exemption provided under Regulation C. The company will accept over-subscriptions. The transaction is expected to close by March 24, 2024.