---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-000063"
form_type: "8-K"
ticker: "CETY"
cik: "0001329606"
company_name: "Clean Energy Technologies, Inc."
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:45:44.319416+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Clean Energy Technologies issues $123K convertible note to Mast Hill Fund with 15% interest and warrants

## Summary
- Company closed sale of $123,000 Convertible Promissory Note to Mast Hill Fund at purchase price of $110,700 (original issue discount of $12,300).
- Note carries 15% annual interest, matures December 26, 2023; convertible at $0.025 per share, subject to anti-dilution.
- Issued warrant to purchase 1,537,500 shares at $0.04 per share, exercisable after June 25, 2023 or upon an IPO uplisting.
- If an IPO uplisting occurs by June 24, 2023, conversion price drops to 75% of offering price; warrant exercise price rises to 120%.
- Note prepayable at 115% premium before default; default triggers 15% default interest rate.

## SEC filing metadata
- accession: 0001493152-23-000063
- form_type: 8-K
- ticker: CETY
- cik: 0001329606
- company_name: Clean Energy Technologies, Inc.
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1329606/000149315223000063/0001493152-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1329606/000149315223000063/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-000063
- JSON: https://secwatch.observer/filing/0001493152-23-000063.json
- Plain text: https://secwatch.observer/filing/0001493152-23-000063.txt

## Key facts
- Material Agreements
  Clean Energy Technologies, Inc. entered into Securities Purchase Agreement with Mast Hill, L.P. valued at $123,000 Convertible Promissory Note (effective 2022-12-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Mast Hill, L.P.
  - Value: $123,000 Convertible Promissory Note
  - Effective: 2022-12-26
  source text: On December 30, 2022 Clean Energy Technology, Inc., a Nevada corporation (the “Company”) closed the transactions contemplated by the Securities Purchase Agreement with Mast Hill , L.P. (Mast Hill”) dated December 26, 2022 pursuant to which the Company issued to Mast Hill a $123,000 Convertible Promissory Note
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329606/000149315223000063/0001493152-23-000063-index.htm

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