---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-023181"
form_type: "8-K"
ticker: "CETY"
cik: "0001329606"
company_name: "Clean Energy Technologies, Inc."
filed_at: "2022-08-16T23:59:59+00:00"
generated_at: "2026-06-23T23:23:46.043745+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clean Energy Tech issues $138,889 convertible note at 15%; two directors resign

## Summary
- Issued $138,888.88 convertible note due Aug 5, 2023, at 15% interest, to Jefferson Street Capital for $125,000 purchase price.
- Five-year warrant issued to buy 1,736,111 shares at $0.04 per share, exercisable after Feb 2, 2023 or upon IPO up-listing.
- Initial conversion price $0.025 per share; drops to 75% of IPO price if up-listing occurs by Feb 21, 2023.
- Directors Jun Wang and Yongsheng Lyu resigned, reducing board from four to two; no disagreement cited.
- Note includes anti-dilution adjustments and prepayment at 115% premium; warrant has cashless exercise provisions.

## SEC filing metadata
- accession: 0001493152-22-023181
- form_type: 8-K
- ticker: CETY
- cik: 0001329606
- company_name: Clean Energy Technologies, Inc.
- filed_at: 2022-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1329606/000149315222023181/0001493152-22-023181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1329606/000149315222023181/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-023181
- JSON: https://secwatch.observer/filing/0001493152-22-023181.json
- Plain text: https://secwatch.observer/filing/0001493152-22-023181.txt

## Key facts
- Executive change
  Yongsheng Lyu resigned as Director at Clean Energy Technologies, Inc..
  - Action: resigned
  - Role: Director
  source text: On August 12, 2022, Mr. Jun Wang and Mr. Yongsheng Lyu, members of the Board of Directors of Clean Energy Technology, Inc., a Nevada corporation (the “Company”), notified the Company of their intention to resign from the Company’s Board of Directors for personal reasons effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329606/000149315222023181/0001493152-22-023181-index.htm
- Executive change
  Jun Wang resigned as Director at Clean Energy Technologies, Inc..
  - Action: resigned
  - Role: Director
  source text: On August 12, 2022, Mr. Jun Wang and Mr. Yongsheng Lyu, members of the Board of Directors of Clean Energy Technology, Inc., a Nevada corporation (the “Company”), notified the Company of their intention to resign from the Company’s Board of Directors for personal reasons effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329606/000149315222023181/0001493152-22-023181-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.