secwatch / observer
8-K filed March 15, 2023, 7:59 PM ET ticker CETY CIK 0001329606
debt confidence high sentiment neutral materiality 0.60

Clean Energy Technologies issues $734K convertible note to Mast Hill Fund at 15% interest

Clean Energy Technologies, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Clean Energy Technologies, Inc. entered into Securities Purchase Agreement with Mast Hill, L.P. valued at $734,000 Convertible Promissory Note (effective 2023-03-10).

Action
entry
Agreement
notes offering
Counterparty
Mast Hill, L.P.
Value
$734,000 Convertible Promissory Note
Effective
2023-03-10
Exact text from the filing
On March 10, 2023 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 March 8, 2023 pursuant to which the Company issued to Mast Hill a $734,000 Convertible Promissory Note, due March 8, 2024 (the “Note”) for a purchase price of $ 660,600 plus an original issue discount in the amount of $73,400.00, and an interest rate of fifteen percent (15%) per annum.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Clean Energy Technologies, Inc. entered into Warrant to Purchase Common Stock with Mast Hill, L.P. valued at Warrant to purchase 367,000 shares of Common Stock (effective 2023-03-10).

Action
entry
Counterparty
Mast Hill, L.P.
Value
Warrant to purchase 367,000 shares of Common Stock
Effective
2023-03-10
Exact text from the filing
The Company issued Mast Hill a five-year warrant (“Warrant”) to purchase 367,000 shares of Common Stock in connections with the transactions described above.
View on SEC.gov

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Clean Energy Technologies, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-007704
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